Who of the following make a broader use of accounting information?
Correct answer: B. Financial Analysts
- A. Accountants
- B. Financial Analysts
- C. Auditors
- D. Marketers
Explanation
Financial analysts use accounting information broadly to evaluate profitability, risk, performance, and investment prospects. Accountants prepare it and auditors verify it, but analysts generally use it for wider decision analysis.
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About Business Finance
Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
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