Which of the Following Groups Is Not Among the External

question 66

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 the above are external users of financial statements.

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Definitions:

Device

A piece of equipment designed for a particular purpose, often electronic in nature.

Demand Instrument

A financial document that requires the payment of money immediately or on demand.

Time Of Payment

The specific period or date by which payment for goods or services received must be made.

Voidable Instrument

A financial document or contract that is valid but may be annulled by one or more of the parties to the contract.