The Managers of a Business Prepare Financial Statements to Present

question 22

Multiple Choice

The managers of a business prepare financial statements to present meaningful information about that business's activities to external users. Who are the external users?

• A)owners
• B)lenders
• C)regulators
• D)tax authorities
• E)all of the above

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Definitions:

Select

In databases and programming, a command used to retrieve data from one or more tables, following specified parameters.

Guides

In graphic design and layout software, guides are non-printable lines used to align objects on a page.

Smart Guides

Visual aids in graphic design and layout software that help align objects, shapes, or text evenly.

Gridlines

Thin lines that form a grid on charts, graphs, or software interfaces, helping in the accurate placement and alignment of elements.