Multiple Choice
Which of the following statements is true concerning external users of financial information?
A) External users need detailed records of the business to make informed decisions.
B) External users are primarily responsible for the preparation of financial statements.
C) External users rely on the financial statements to help make informed decisions.
D) External users rely on management to tell them whether the company is a good investment.
Correct Answer:
Verified
Correct Answer:
Verified
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