PRC-1 · Chapter 1 · Question 55 of 100
Which of the following stakeholders is classified strictly as an 'external user' of a company's financial statements?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Commercial Lenders (Creditors)
Explanation
Management, CEOs, and employees are internal users. Commercial lenders or creditors are external users who rely on financial statements to assess creditworthiness.
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