QUESTION IMAGE
Question
external users include lenders, shareholders, customers, and regulators.
true or false
Brief Explanations
External users of financial information (or organizational information) are those outside the organization. Lenders (like banks), shareholders (owners but external in terms of operational involvement), customers (who interact with the organization's products/services), and regulators (government or regulatory bodies overseeing the organization) are all external to the typical business entity. So the statement is correct.
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True