chapter 01: Accounting in Business Identify users and uses of, and opportunities in, accounting. Knowledge Check...

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chapter 01: Accounting in Business Identify users and uses of, and opportunities in, accounting. Knowledge Check 01 Identify

business accounting

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Answer 1

Answer #1

Customers :- External Information

Chief financial officer :- Internal information

Payroll clerk:- External information

Marketing manager :- Internal information

Reason:-

Customers are external parties and payroll clerk is non executive employee. Therefore, they are user of external information.

Chief financial officer and marketing manager are executive employees and hence need internal information.

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Answer 2

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