Internal users use financial information to set goals for their companies.

• A. Set goals
• B. Audit external reports
• C. Forecast taxes
• D. Ensure SEC compliance

Answer: (A)

Internal users, typically management, rely on financial information to plan and steer the company. They translate data from financial statements into actionable plans by setting targets, preparing budgets, and forecasting performance to guide resource allocation and decision making. By creating these goals, management can monitor actual results against targets and adjust as needed to stay on track. The other options describe activities not focused on internal planning: auditing external reports is about assurance, forecasting taxes is tax planning, and SEC compliance is regulatory. Setting goals with financial information best matches how internal users use it.