Practice mode Accounting

Which of these is an external user of a business’s financial statements?

Correct answer A. Creditor of the business

Explanation

External users are outside the business and lack access to internal reports. Creditors rely on the published statements to judge whether the firm can repay.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.