Answered

Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Get detailed answers to your questions from a community of experts dedicated to providing accurate information. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Financial reports are used by a.management b.creditors c.investors d.All of these choices are correct.

Sagot :

dubeyshailja64

Financial reports are used by management, creditors, and investors. Thus the correct option is D.

What is the objective of financial reports?

The financial report is the statement or description of the income and expenses that took place in the organization. This report is prepared to analyze the financial position of any organization.

This helps to understand whether the organization is achieving profitability or not. These help investors to know about the current position of the organization in the market.

It helps management to estimate the turnover along with profitability to determine the assets and liabilities records in the financial year.

It helps creditors to assess the company's creditworthiness and ability to make payments on its debt in a timely manner.

Therefore, in option D all of the above, creditors, investors, and management used financial reports.

Learn more about reports, here:

https://brainly.com/question/14969693

#SPJ1

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.