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Cambridge IGCSE Accounting practice

Which stakeholder primarily uses accounting information to assess creditworthiness?

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cambridge_mcq

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Topic

Interested parties

Exam-style question

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Which stakeholder primarily uses accounting information to assess creditworthiness?.

  1. A.Owners
  2. B.Managers
  3. C.Trade Creditors
  4. D.Investors

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Paper 2 structured question: Interested parties

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Description

Stakeholders and Their Use of Accounting Information

Various stakeholders utilize accounting information for decision-making processes. Owners, managers, trade creditors, banks, investors, club members, and government bodies all rely on this information to guide their actions and decisions.

  1. a

    Explain how owners and managers use accounting information in their decision-making processes.

    Aim for approximately 3 distinct marking points.

    [3]