Users of Accounting Information and Their Needs Listed below are a number of the important users of
Question:
Users of Accounting Information and Their Needs Listed below are a number of the important users of accounting information. Following the list are descriptions of a major need of each of these various users. Fill in each blank with the one user group that is most likely to have the need described.
Company management Banker Stockholder Supplier Securities and Exchange Commission Labor union Internal Revenue Service User Group Needs Information About ________________________ 1. The profi tability of each division in the company ________________________ 2. The prospects for future dividend payments ________________________ 3. The profi tability of the company since the last contract with the workforce was signed ________________________ 4. The fi nancial status of a company issuing securities to the public for the fi rst time ________________________ 5. The prospects that a company will be able to meet its interest payments on time ________________________ 6. The prospects that a company will be able to pay for its purchases on time ________________________ 7. The company’s profi tability based on the tax code AppendixLO1
Step by Step Answer:
Using Financial Accounting Information The Alternative To Debits And Credits
ISBN: 9780538452748
7th Edition
Authors: Curtis L. Norton, Gary A. Porter