The IASB and FASB joint boards have identified the primary user groups of financial information as all of the following except

A revolving credit account

A) allows you to make purchases up to a credit limit. B) requires complete repayment each billing period. C) must be renewed each billing period. D) is for large purchases with a set repayment schedule.

The spread between interest rates on low-quality corporate bonds and U.S. government bonds ________ during the Great Depression

A) was reversed B) narrowed significantly C) widened significantly D) did not change