Sunday 16 December 2012

External users want answers to all of the following questions except: Is the company earning satisfactory income? Will the company be able to pay its debts as they come due? Did the company use a budget to plan its expenses? How does the company compare in profitability with competitors?

External users want answers to all of the following questions except:

  •           Is the company earning satisfactory income?
  •           Will the company be able to pay its debts as they come due?
  •            Did the company use a budget to plan its expenses?
  •           How does the company compare in profitability with competitors?



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