Which group of users is most likely to require accounting information to assess the ability of a business to pay interest and repay a loan?
A)employees.
B)customers.
C)creditors.
D)taxation department.

Question

Quizplus · Accepted Answer

Creditors, such as banks and other financial institutions, would require accounting information to assess a business's ability to pay interest and repay a loan. This information is important to them as it helps them determine the level of risk involved in lending money to the business.

Which Group of Users Is Most Likely to Require Accounting