Homework SourseIn the United States and the UK laws and accounting procedur
In the United States and the UK, laws and accounting procedures are designed, generally, to benefit
shareholders.
employees.
creditors.
managers.
| a. | shareholders. | |
| b. | employees. | |
| c. | creditors. | |
| d. | managers. |
Solution
Correct option is > a. shareholders
Laws, accounting procedures are designed in such a manner that it gives benefit to owners because they invest in firm and risk their funds hence, the policies and procedures are made to protect their interests.
