External Decision Makers:- These are people outside the company, that makes decisions.
Internal Decision Makers:- These are people inside the company, they are absolutely involved in the direct decisions.
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For each of the users of accounting information, identify whether the user is an external decision...
identify whether the user is an external decison mamsr or an internal decision maker. customer company manager Internal Revenue Service - Tender investor 1. controller 9. cost accountant h. SEC Choose from any drop-down list and then click Check Answer All parts showing Clear A
Users of accounting information can be divided broadly into two types: internal users and external users. Complete the table below for each type of user, indicating how they use information and whether they are an internal or external user. User Use of Information Internal/External User 1. Shareholder 2. Chief Financial Officer 3. Employee 4. Bank 5. Canada Revenue Agency (CRA)
E1-13A ydentify users of accounting information (Learning Objective 3) ach of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both 1. Reporter from The Wall Street Journal 2. Regional division managers M 3. Potential investors F A 4. Bookkeeping Department 5. Manager of the Service Department 6. Wall Street analyst 7. Division controller 8. State tax agency auditor 9, External auditor (public...
Problems 1. USERS OF INFORMATION Classify the following users of information as cither: I-internal user T extemal user: trading partner s-external user: stakeholder a. Internal Revenue Service b. Inventory control manager c. Board of directors d. Customers e lending institutions f. Securities and Exchange Commission g. Stockholders h. Chief executive officer i Suppliers j. Bondholders 4. INFORMATION SYSTEM CATEGORIZATION Classify the following as tasks performed by either: TPS transaction processing system
Identify the following users as elther external users (E) or Internal users (). a. b c d Lenders Research and development managers Executive employees External auditors 22 ITI e. I I f. h. Business press Customers Service managers Labor unions Purchasing managers Boards of directors Production managers Voters 1. 1. K 1.
Which of the following statements about users of accounting information is incorre Present creditors are external users. Regulatory authorities are internal users. Taxing authorities are external users. O Management is an internal user.
All of the following are external users of accounting information except: Multiple Choice human resource managers. customers. shareholders. lenders. Internal Revenue Service.
chapter 01: Accounting in Business Identify users and uses of, and opportunities in, accounting. Knowledge Check 01 Identify the type of information user for the items listed below using the drop-down list. Event Activity Type Customers select Chief Financial Officer select Payroll Clerk select Marketing Manager select submit answer & continue Slide 3 w < Prev 1 of 5 !! Score answer > chapter 01: Accounting in Business Identify users and uses of, and opportunities in, accounting. Knowledge Check 01...
1. Discuss internal and external users of accounting information. What areas of accounting provide them with information? Give an example of the type of report each type of user might use. 2. Explain the meaning of the business entity concept. 3. What is the major difference between the objective of financial accounting and the objective of managerial accounting?
For each of the following users of financial securing information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both 1. 2. Financing omation Managerial courting information Financiering information 3. 4 Reporter from The Wall Street Journal Regional division managers Portwestors Bookkeeping Department Manager of the Service Department Wala analyst Division contre Stax agency auctor Extems auditor puble scoring firm Loan officer at the company's bar Mararicoring information Francong information...