Which of the following responses is the best and most comprehensive? "A company's accounting information is useful to ________."
A) managers within the firm, exclusively
B) marketing research firms for pricing insights
C) primarily the IRS and other government agencies that regulate the firm
D) managers, owners, creditors, employees, and the government

Question

Quizplus · Accepted Answer

A company's accounting information is useful to managers for making informed decisions, owners for tracking the performance of their investment, creditors for assessing the company's financial health, employees for evaluating their job security, and the government for regulating and monitoring the financial activities of the company. Therefore, D is the most comprehensive and accurate response.

Which of the Following Responses Is the Best and Most