External users of financial information:
A) Are those individuals involved in managing and operating the company.
B) Include internal auditors and consultants.
C) Are not directly involved in operating the company.
D) Make strategic decisions for a company.
E) Make operating decisions for a company.

Question

Quizplus · Accepted Answer

External users of financial information are individuals or entities who are not directly involved in managing or operating the company, but use financial statements to make decisions about the company. Examples of external users include creditors, investors, and regulatory agencies.

External Users of Financial Information