Which of the Following Groups Is Not Among the External

question 43

Multiple Choice

Which of the following groups is not among the external users for whom financial statements are prepared?

• A)Customers
• B)Suppliers
• C)Employees
• D)All of these are external users of financial statements.

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Definitions:

Results-Oriented Structure

An organizational design that focuses on outcomes and results, rather than processes or inputs.

Internal Organisational

Pertaining to the inner workings and structures within an organization, such as its culture, policies, and procedures.

Elevating Goal

A strategy of setting increasingly higher objectives to motivate and improve team or individual performance.

Competitive Goals

Objectives that an organization sets to outperform its rivals and achieve superior market standing.