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Chapter 1 Exercises Question 3, BE1-3 (book/static) Part 2 of 2 HW Score: 79.09%, 15.82 of 20 points Points: 1.82 of 5 Match the financial
Chapter 1 Exercises Question 3, BE1-3 (book/static) Part 2 of 2 HW Score: 79.09%, 15.82 of 20 points Points: 1.82 of 5 Match the financial statement users and other parties involved in the use of and preparation of financial information with their role. (Select the financial statement user or other party that matches wach role) 6. Role Are employees of the company serving in an advisory role to management. They provide information to management regarding the company's operations and proper functioning of its internal controls. Financial Statement Users and Other Parties 7. 8. 9. Review the financial statements of publicly traded companies for a variety of reasons that are in the public interest. Use financial information during negotiation of new labor agreements and compensation contracts. Support accounting professionals throughout their careers by providing training, professional skills development, and other resources. 10. Are shareholders of the company. Protect investors and oversee the accounting and auditing standard setting 11. processes. ation c Competitors Creditors Employees and Labor Unions Equity Investors chase External Auditors Financial Analysts ement Government Agencies ance of Internal Auditors Professional Organizations Regulatory Bodies nt. They Suppliers and Customers s and the
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