Which of the Following Is NOT Likely to Be Interested

question 3

Multiple Choice

Which of the following is NOT likely to be interested in earnings information?

• A)Customers.
• B)Shareholders.
• C)Lenders.
• D)None of the above,i.e.they are all interested in earnings information.

Analyze transactions and their effects on business finances.

Understand the effects of different transactions on the accounting equation.

Identify and describe the primary financial statements and their characteristics.

Apply the business entity assumption in various contexts.

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Definitions:

Negligence

Negligence is the failure to take reasonable care to avoid causing injury or loss to another person, resulting in legal liability for any damages caused.

Duress

A condition in which a person performs an act as a result of violence, threat, or other pressure against the person, rendering any agreement made under such conditions potentially voidable.

Criminal Lawsuit

A legal proceeding brought against an individual or entity accused of committing a crime, with the intention of achieving a formal judgment of guilt.

Undue Influence

A situation in which an individual is able to exert a level of influence over another person, typically in a way that undermines the individual's free will or judgement, often a concern in contract law and wills.