which of the following is not an internal user of financial statements? (a) board of directors (b) managers (c) employees (d) lenders
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Answer:
(d) lenders
Explanation:
lenders are not internal user of financial statement.
Answered by
1
(d) lenders
- The individuals who makes funds available to a person or business with the expectation that the funds will be repaid are lenders.
- Repayment will include the payment of any interest on the amount lent.
- Repayment may occur on a monthly basis or as a lump sum.
- to decide upon if the loan is to be provided or not the financial statement analysis is done by the lenders.
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