Homework Answers
Solution:
a. Management
Explanation:
Primary users are investors, lenders and other creditors that cannot demand information from the entity. When making decisions regarding the conceptual frameworks, the boards consider the needs of these groups to have access relevant information. So, here the primary users are investors, lenders and other creditors. Management is not considered to be a primary user of finanical information for which financial reporting standards are designed.
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Question 19 (2 points) Which of the following is not considered to be a primary user...
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