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The Following Is a List of Selected Users of Accounting

Question 192

Matching

The following is a list of selected users of accounting information. Match accounting information with the appropriate user to the following decisions they make .

Premises:

Responses:

Assess whether an organization is likely to repay its loans with interest.

Purchasing Managers

Decide whether to buy, hold, or sell a company's stock.

Regulators

Assess whether a company has paid all required taxes and complied with securities rules.

Lenders

Know what, when, and how much to purchase.

Shareholders

Judge the soundness of a customer before making sales on credit.

Suppliers

Premises:

Assess whether an organization is likely to repay its loans with interest.

Decide whether to buy, hold, or sell a company's stock.

Assess whether a company has paid all required taxes and complied with securities rules.

Know what, when, and how much to purchase.

Judge the soundness of a customer before making sales on credit.

Responses:

Purchasing Managers

Regulators

Lenders

Shareholders

Suppliers

Correct Answer:

Premises:

Responses:

Assess whether an organization is likely to repay its loans with interest.

Decide whether to buy, hold, or sell a company's stock.

Assess whether a company has paid all required taxes and complied with securities rules.

Know what, when, and how much to purchase.

Judge the soundness of a customer before making sales on credit.