Benicio is a loan officer for a bank and is reviewing the financial statements of a prospective borrower.As a user of accounting information,Benicio is most interested in using this information

A) to plan and control daily operations.
B) in contract negotiations.
C) to make an investment decision and estimate its future returns.
D) to evaluate financial soundness of potential clients.

Financial Statements

Reports detailing a company's financial performance and position, including the balance sheet, income statement, and cash flow statement.

Accounting Information

Data related to the financial status and performance of an organization, which is used for decision-making by stakeholders.

Financial Soundness

The state of being stable and secure in financial terms, often assessed through indicators like solvency, liquidity, and profitability.