Which of the Following Uses Accounting Information to Determine Whether

question 45

Multiple Choice

Which of the following uses accounting information to determine whether a company's net income will result in a share price increase?

• A) shareholders
• B) marketing managers
• C) creditors
• D) Chief Financial Officer

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Definitions:

Accounting Systems

Organized frameworks used for recording, measuring, summarizing, and communicating financial information of a business entity.

Collecting

The process of obtaining payments for debts owed by individuals or businesses.

Accumulating

The process of gathering or building up a quantity over time.

Reporting

The process of preparing and conveying financial and operational information to relevant stakeholders to facilitate decision-making.