asked 2.7k views
3 votes
Financial accounting provides information primarily to:

a.Investors and creditors.
b.Tax regulators.
c.Government officials.
d.Suppliers and customers.

asked
User EJK
by
7.9k points

1 Answer

2 votes

Final answer:

Financial accounting provides information primarily to investors and creditors who have a financial interest in the company. Option a

Step-by-step explanation:

Financial accounting provides information primarily to investors and creditors. These are the stakeholders who have a financial interest in the company and therefore rely on accurate and reliable financial information to make decisions.

Investors are individuals or institutions who provide financial capital to the company by buying stocks or bonds. Creditors are individuals or institutions who lend money to the company. By providing financial accounting information, companies can attract investors and creditors and maintain their trust. Option a

answered
User ToddN
by
8.3k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.