O-LevelAccountingThe fundamentals of accounting7707/12 · Oct/Nov 2020 · Q321 Mark

Which interested party uses the financial statements of a business to assess current performance and plan for future activities?

Abanks

Bemployees

Cgovernment

Dmanagers

✓ Correct answer

D: managers

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Topic: The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2020 Paper 1 Variant 2, question 32.

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