PA HELP PO!! ASAP

Potential investors are interested in financial information that will help them know the ability of the entity to pay dividends. *
A. TRUE
B. FALSE

The financial statement provide all the needed information by decision makers. *
A. TRUE
B. FALSE

The financial statement assists the investors whether to sell or hold their investment in the entity. *
A. TRUE
B. FALSE

The shareholders or owners, management and the company employees are external users with indirect interest in the business. *
A. TRUE
B. FALSE

Internal users of financial information are decision-makers who belong to the business organization itself. *
A. TRUE
B. FALSE

Taxing authorities are external users of financial information with direct interest in the business entity. *
A. TRUE
B. FALSE

Suppliers are accounting information as bases of decisions on whether to extend credit to the economic entity. *
A. TRUE
B. FALSE

Financial reports prove information on the ability of the firm to pay wage increase their employees. *
A. TRUE
B. FALSE

Managers use financial information to set goals for the company. *
A. TRUE
B. FALSE

Creditors make use of financial report to know how the business used the money lent to the entity. *
A. TRUE
B. FALSE​