Shareholders
Board of directors
Employees
Creditors
Answer is Right!
Answer is Wrong!
The correct answer is: B. Board of directors
The board of directors is responsible for overseeing the management of a company and ensuring that it is run in the best interests of the shareholders. The cost auditor’s report provides the board with information on the company’s costs and expenses, which can be used to make decisions about how to improve efficiency and profitability.
The other options are incorrect because:
- Shareholders are the owners of a company and have the right to vote on matters such as the election of directors and the approval of major transactions. However, they do not typically receive a copy of the cost auditor’s report.
- Employees are not typically given access to the cost auditor’s report. However, they may be given a summary of the report or be informed of any significant findings.
- Creditors are individuals or organizations that have lent money to a company. They may receive a copy of the cost auditor’s report if they are concerned about the company’s ability to repay its debts.