The person MOST likely to use ONLY financial accounting information would be the:
A)bank loan officer.
B)plant manager.
C)vice president of plant operations.
D)product manager.

Question

Quizplus · Accepted Answer

Bank loan officers typically use only financial accounting information to assess the credit worthiness of potential borrowers. They rely heavily on financial statements and other financial reports to make lending decisions. Plant managers, vice presidents of plant operations, and product managers, on the other hand, require information from both financial and managerial accounting to effectively manage their operations and make critical business decisions.

The Person MOST Likely to Use ONLY Financial Accounting Information