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.

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Definitions:

Peripheral Chemoreceptors

Sensory receptors located in the carotid and aortic bodies that detect changes in blood oxygen, carbon dioxide, and pH levels.

Carotid Bodies

Small, sensorial organs located on each side of the neck that detect changes in the oxygen and carbon dioxide levels in the blood.

Osmotic Pressure

The pressure required to prevent the flow of water across a semipermeable membrane due to osmosis.

Aortic Arch Reflex

A cardiovascular reflex that helps regulate blood pressure by sensing changes in the arterial blood pressure through baroreceptors in the aortic arch.