Internal and external users of accounting information and their needs

Asked by admin @ 28/10/2021 in Advanced Placement (AP) viewed by 895 People

Question 1: (CLO1)

Differentiate between internal users and external users and explain the examples of the accounting information required.

Answered by admin @ 28/10/2021

Answer:

Internal users are people within a business organization who use financial information. ... External users are people outside the business entity (organization) who use accounting information. Examples of external users are suppliers, banks, customers, investors, potential investors, and tax authorities.

Explanation:

External users of accounting information

Asked by maham237 @ 21/02/2021 in Business viewed by 327 persons

LO 1.2External users of accounting information would include ________. employees managers investors supervisors

Which of the following describes an executive information system (eis)? a. uses the internet only for data analysis b. analyzes internal and external data sources c. reveals results broken down into time periods d. provides business performance reports

Asked by maham237 @ 13/01/2021 in Computers And Technology viewed by 480 persons

Internal and external users of accounting information and their needs

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