_____ typically require accounting information of a firm to evaluate its ability to pay back its loans by analyzing the firm's financial statements.
A) Managers
B) Employees
C) Suppliers
D) Creditors

Question

Quizplus · Accepted Answer

Creditors typically require accounting information to determine whether a firm can meet its debt obligations and pay back loans. Managers may use accounting information for internal decision-making and planning, employees may use it for calculating wages and benefits, and suppliers may use it to assess a firm's ability to pay for goods and services, but none of these parties typically evaluate a firm's ability to pay back loans.

_____ Typically Require Accounting Information of a Firm to Evaluate