Provided Is a List of Important Users of Accounting Information

question 141

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.)
-exact amount of profit on each product of the company

• A)investors
• B)management
• C)supplier
• D)banker
• E)government
• F)employees
• G)labour union
• H)investors and banker
• I)supplier and banker

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Definitions:

Absolute Purchasing Power Parity

A theory that posits currencies are at an equilibrium in exchange rates when they hold equal purchasing power in their respective countries.

Computer Retailer

A business or individual that sells computer hardware, software, and related accessories and services to consumers.

Houston

The fourth-largest city in the United States, located in Texas, known for its energy industry, particularly oil and natural gas.

Purchasing Power Parity

A theory that states the exchange rates between two currencies are in equilibrium when their purchasing power is the same in both countries.