Taking the seven user groups listed in Table 12.1, what other questions do you think that each user group would ask? List each user group and all the questions that you think each would ask. Then insert:

(a) where the basic information could be found in the annual report and accounts to answer each question; and

(b) what additional information would be required to answer each question fully.

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Table 12.1 Users of financial accounts and their questions User group Customers Employees Governments and their agencies Investors Lenders Public Suppliers and other creditors Questions asked How do its prices compare with its competitors? Has it enough money to pay my wages? Can the company pay its taxes? What's the dividend like? Will I get my interest paid? Is the company likely to stay in business? Will we get paid what we are owed?