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Provided Is a List of Important Users of Accounting Information

question 187

Multiple Choice

Provided is a list of important users of accounting information. Also provided are descriptions of a major need for accounting information that may be experienced by the various users. Identify the one user group that is most likely to have the need described. (Choices may be used more than once.)
-The company's labor rate agree to the last contract.


Definitions:

Donee Beneficiary

A third party that benefits from a contract between two other parties, especially in a gift or donation context.

Contract

A legally binding agreement between two or more parties that outlines obligations and rights of the involved parties.

Promisor

The individual or party that makes a promise or commitment in a contract.

Benefiting Party

Refers to the individual or entity who receives advantage or profit from a legal agreement or act.

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