is internal users include creditors,shareholders,internal auditors and mnagers?
No.
Creditor is an external user.
Internal Users are:
External Users are:
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is internal users include creditors,shareholders,internal auditors and mnagers?
Internal users of financial information for making decisions include: Multiple choice question. investors bankers managers creditors
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.
The internal auditors are responsible for providing an audit report that is disclosed to the public financial statement users True False
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.
1. Managerial accounting focuses on providing historical financial information to outside users including shareholders and creditors.2. Managerial accounting information must follow U.S. Generally Accepted Accounting Principles (CA AP)3. The control function is implemented to assess an organization's plan and may lead to recommendations for the future.4. The treasurer is typically in charge of all finance and accounting functions within an organization.5. The Institute of Management Accountants (IMA) provides formal guidance to help in choosing ethically acceptable courses of action
Preparers of general-purpose financial statements include which of the following groups? Multiple Choice Creditors Shareholders Management Suppliers
Managerial Internal (Inside) accounting information reports are generally prepared for A) Stockholders or Shareholders B) Creditors, Lenders, or Banks C) Managers. D) Regulatory Agencies, like the IRS or SEC Which of the following is NOT an Internal User of the Financial Statements? A) Creditor or Lender or Bank B) Department Manager C) Controller D) Treasurer The work labor of Factory workers that can be physically and directly and conveniently associated with making Raw Materials (RM) into Finished Goods (FG) is...
27. The fundamental difference between internal and external auditing is that a. internal auditors represent the interests of the organization and external auditors represent outsiders b. internal auditors perform IT audits and external auditors perform financial statement audits c. internal auditors focus on financial statement audits and external auditors focus on operational audits and financial statement audits d. external auditors assist internal auditors but internal auditors cannot assist external auditors
47. A) What are the two similarities between external auditors and internal auditors? (2 points) B) What are the two differences between external auditors and internal auditors? (2 points)
12. The fund internal auditors represent the interests of the organization and external auditors represent outsiders amental difference between internal and external auditing is that: b. internal auditors perform IT audits and external auditors perform financial statement audits c internal auditors focus on financial statement audits and external auditors focus on operational audits and financial statement audits d. external a. auditors assist internal auditors but internal auditors cannot assist external auditors 13. Which of the following is not an objective...