Which of the Following Statements Regarding External Users Is True

question 68

Multiple Choice

Which of the following statements regarding external users is true?

• A) Shareholders and creditors are the only people who need accounting information.
• B) Canada Revenue Agency is the primary external user of financial information.
• C) External users of accounting information include the managers who plan, organize, and run a business.
• D) The information needs and questions of external users vary considerably.

---

Definitions:

Temperatures

A measure of the warmth or coldness of an object or substance with reference to some standard value.

Freshwater Lakes

Bodies of standing water, of various sizes, that contain low concentrations of salt, making them habitable for a variety of freshwater organisms.

Turn Over

The process of replacing or renewing something to restore freshness or to provide consistency.

Tropical Biome

A biome characterized by a warm climate year-round, significant rainfall, and a high level of biodiversity, typically located near the Equator.