Which of the following uses accounting information to determine whether a company's profit will result in a share price increase?
A)Shareholders
B)Marketing managers
C)Creditors
D)Chief Financial Officer

Question

Quizplus · Accepted Answer

Shareholders are concerned with the company's profit and its impact on the share price. They use accounting information to make investment decisions and determine whether to buy, hold or sell shares. Marketing managers use accounting information to monitor the performance of marketing strategies, creditors use it to assess the creditworthiness of the company, and the chief financial officer uses it to manage the financial operations and financial performance of the company.

Which of the Following Uses Accounting Information to Determine Whether