The various users of accounting information include business managers,employees,unions,regulatory agencies,lenders,and the public.

Question

Quizplus · Accepted Answer

This statement is true. Accounting information is used by various stakeholders such as business managers for decision-making, employees and unions for negotiating pay and benefits, regulatory agencies for monitoring compliance, lenders for evaluating creditworthiness, and the public for assessing the financial health of the company.

The Various Users of Accounting Information Include Business Managers,employees,unions,regulatory Agencies,lenders,and