Which of the Following Are NOT Potential Users of Financial

question 58

Multiple Choice

Which of the following are NOT potential users of financial reports as identified in SAC 2?

• A)Resource providers,including investors,lenders,creditors,suppliers and employees
• B)Recipients of goods and services,such as customers
• C)Parties performing a review or oversight function,which may include governments,regulatory agencies (such as ATO),labour unions,financial analysts,employer groups and the media
• D)Managers,accountants and standard setters

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Definitions:

Advice And Counsel

The process of offering guidance, recommendations, or professional opinion to aid decision-making.

Financial Gain

The increase in money or assets, resulting from investment or business activities.

Employee Success

Refers to the achievement of career objectives, job satisfaction, and professional growth experienced by employees within an organization.

Policy Revisions

The process of reviewing, updating, and making changes to existing policies to reflect new information, standards, or goals.