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Creditors are MOST concerned with which financial information which will tell them a) about the ability of a company to meet its obligations. b) how the company compares to similar companies. c) whether the company has potential to grow long-term. d) whether the company meets all tax regulations. e) if the company has enough cash to pay dividends. John is the Chief Financial Officer of ABC Inc. He is negotiating with Mary, who is the steward of the union representing ABC's warehouse employees, for a new union contract. Which of the following statements is correct? a) John and Mary are both internal users of ABC Inc.'s financial information. b) John and Mary are both external users of ABC Inc.'s financial information. C) John is an internal user of ABC Inc.'s financial information, while Mary is an external user. d) None of these are correct statements. e) John is an external user of ABC Inc.'s financial information, while Mary is an internal user. A company receives an advance payment from a customer for services which will be provided next year. The accountant records an increase in cash and an increase in revenue of $12,000. Which of the following is TRUE based on the information provided? a) Verifiable - violated b) Timely - violated C) Relevance - violated d) Comparable - followed e) Understandable - followed A lumber mill is in which business sector(s)? a) Primary b) Secondary and Tertiary C) Primary and Secondary Secondary e) Tertiary