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.
Question 19 (2 points) Which of the following is not considered to be a primary user...
which of the following groups is considered a primary user of state or local government general purpose external financial statement Which of the following groups is considered a primary user statements? Multiple Choice Citizens Managers and administrators. Employees Special interest groups. 7 < Prev 8 of 3
QUESTION 2 10 points Save Answer Which of the following is not an example of a tangible asset? Aircraft O Property, plant and equipment Real estate Corporate bond QUESTION 3 10 points Save Answer True or False: For every financial instrument there is a minimum of two parties - the party that has agreed to make future cash payments is typically called the Issuer or the Borrower or the Obligor and the party that owns the financial instrument is called...
Question 1 Which of the following might not be considered an attribute for a User class: Select one: a. Logon b. Username c. Password d. Email Question 2 Which is a tool of scenario-based modeling? Select one: a. All of these b. Swimlane Diagram c. Activity Diagram d. Use-Case Diagram Question 3 What are characteristics of attributes? Select one: a. All of these b. Information needed for the class to perform work c. Information that appears naturally owned by the...
19. Which of the following would be considered a product cost for external financial reporting purposes? A. Cost of guided public tours through the company's facilities. B. Cost of a warehouse used to store finished goods C. Cost of travel necessary to sell the manufactured product. D. Cost of sand spread on the factory floor to absorb oil from manufacturing machines
Which of the following is the primary user of management accounting information regarding business units? Multiple Choice Industry and governmental organizations. Company management. Creditors Investors.
QUESTION 5 What is the primary objective of financial reporting? O a. To help investors make credit decisions. O b. To protect users from fraudulent financial information. c. To help management assess cash flows. O d. To provide useful information for decision making
Question 3 (2 points) Which of the following is considered a weak acid when dissolved in water? c) H2SO3 b) HF a) HNO2 A) a only B) c only C) All of them D) b only E) None of them
18)which of the following would be considered a second messenger ? 19)for a protein to be an integral membrane protein, it would have to have a ___ region 20)phosphorylation cascades result in which of the following QUESTION 18 Which of the following would be considered a second messenger? Calcium B. CAMP CAcetylcholine D. A& B E. B, & C QUESTION 19 For a protein to be an integral membrane protein, it would have to have a region polar polar c...
Question 4 (2 points)E hich of the following is true of managerial accounting? The primary users of managerial accounting reports are external users Managerial accounting reports are internat reports issued as frequently as the need arises . The purpose of managerial accounting reports is to provide general purpose financial information for all users. Managerial accounting reports must be prepared according to GAAP Save Question 5 12 points B Which of the following is true of managerial accounting? The primary users...
1. Which of the following are the established criteria against which management's assertions are judged in an audit? a- Generally Accepted Accounting Principles - Generally Accepted Auditing Standards C- Consistently Reported Accounting Procedures d- Fairness in application of accounting principles 2. Which of the following criteria is unique to the auditors assurance function? a. General competence b- Familiarity with the particular industry of which the client is part C- Due professional care d- Independence 3. Independent auditing can best be...