Under the Conceptual Framework of Financial Reporting, users of financial information may be classified into?Heavy users (management) and slight users (public, government).Primary users (existing and potential investors and creditors) and other users.Internal users (employees, customers) and external users (investors, creditors).Main users (existing investors, creditors) and incidental users (potential investors, creditors)

SOLUTION- USERS OF FINANCIAL INFORMATION- A-INTERNAL USERS- 1-OWNER'S. 2-MANAGERS. 3-EMPLOYEES.…

Answered: Under the Conceptual Framework of…

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter2: Financial Reporting: Its Conceptual Framework

Section: Chapter Questions

Problem 7C

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Under the Conceptual Framework of Financial Reporting, users of financial information may be classified into?
1. Heavy users (management) and slight users (public, government).
2. Primary users (existing and potential investors and creditors) and other users.
3. Internal users (employees, customers) and external users (investors, creditors).
4. Main users (existing investors, creditors) and incidental users (potential investors, creditors)

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