Which One of the Following Groups Is Considered an Internal

question 100

Multiple Choice

Which one of the following groups is considered an internal user of financial statements?

• A) A bank reviewing a loan application from a corporation.
• B) The labor union representing employees of a company that is involved in labor negotiations
• C) The financial analysts for a brokerage firm who are preparing recommendations for the firm's brokers on companies in a certain industry,
• D) Factory managers that supervise production line workers.

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Definitions:

Public Office

An office held by a member of the public sector that usually involves duties, responsibilities, and powers determined by a governmental entity or law.

Bargain

An agreement between parties regarding terms of a transaction, often implying a negotiated or advantageous deal.

Appointment

The act of designating someone for a position or duty, often seen in legal, professional, or governmental contexts.

Fishing License

A document or permit legally required to engage in fishing within specific jurisdictions.