Theoretical FrameworkQ-4 | Meaning and Scope of AccountingQuestion 4942 of 110
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Customers of business should not be considered as users of accounts prepared by business. They are not interested in knowing the performance of the business. [Jan. 2025, 2 Marks]

Options

A
B
C
D
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Correct Answer

✅ Option — Correct Option

All Options:

  • A
  • B
  • C
  • D

Detailed Solution & Explanation

False: Customers are external users of the business and they are interested in knowing the performance of business.

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