Which of the following external groups uses accounting information to determine whether the company can pay its obligations?
A)Investors in common stock
B)Marketing managers
C)Creditors
D)Chief Financial Officer

Question

Quizplus · Accepted Answer

Creditors use accounting information to assess a company's ability to pay its obligations, as they are concerned with the company's financial stability and creditworthiness.

Which of the Following External Groups Uses Accounting Information to Determine