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These are users of financial information who are not in a position to require a reporting entity to prepare reports tailored to their particular information needs.Group of answer choicesHeavy usersLight usersPrimary usersSecondary users

Question

These are users of financial information who are not in a position to require a reporting entity to prepare reports tailored to their particular information needs.Group of answer choicesHeavy usersLight usersPrimary usersSecondary users

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Solution

The users of financial information who are not in a position to require a reporting entity to prepare reports tailored to their particular information needs are referred to as Secondary users. These users typically include potential investors, competitors, and customers who do not have the power to dictate the format and content of the financial reports.

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