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Which user groups most likely to use accounting information

Assignment Help Financial Accounting
Reference no: EM132659476

Problem 1: Accounting is principally concerned with providing information to

A. Employees

B. Shareholders

C. Managers

D. Government agencies

Problem 2: One purpose of accounting information is to help certain users assess how effectively the managers are running the business and to make judgements about likely levels of risk and return in the future. Which one of the following user groups is most likely to use accounting information for this purpose?

A. Community representatives

B. Employees

C. Government

D. Shareholders

Problem 3: Which of the following is a current asset?

A. Plant

B. Motor Vehicle

C. Building

D. Inventory

Reference no: EM132659476

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