Internal users of financial information for making decisions include:
Multiple choice question.
investors
bankers
managers
creditors
Solution:
Many users can assess our financial information for making decision. Broadly there are two types of users first internal users and second the external users of the financial information.
Internal Users:
Internal users of financial information means a person from management or managers of the organization when using our financial information for decision making is called internal users.
External Users: When external users assess our financial information like bankers can assess our financial information for sanctioning any credit or loans. So from the given list below person’s are external users.
· Investors
· Bankers
· Creditors
As per above explanation Managers are Internal users of financial information for making decisions.
Answer = Option 3 = Managers.
Internal users of financial information for making decisions include: Multiple choice question. investors bankers managers creditors
1. Why financial reporting is important for investors, creditors and other users? 2. What kind of ethical issues might managers face in dealing with confidential information? 3. Please decompose Return on Assets into two components, and explain briefly each of these two components.
1. Why financial reporting is important for investors, creditors and other users? 2. What kind of ethical issues might managers face in dealing with confidential information? 3. Please decompose Return on Assets into two components, and explain briefly each of these two components.
All of the following are external users of accounting information except: Multiple Choice human resource managers. customers. shareholders. lenders. Internal Revenue Service.
is internal users include creditors,shareholders,internal auditors and mnagers?
QUESTION 17 Financial accounting does not deal with which of the following? Measuring a company's economic activity. Providing information to internal users. Preparing financial reports. Communicating financial results to investors. QUESTION 18 Financial accounting objectives do not include providing information: O Useful to investors and creditors in making decisions. To determine market values, assess profit potential, and evaluate management. Helpful to investors in predicting cash flows That tells about a company's economic resources and claims to those resources. QUESTION 19...
The four key users of financial statements are owners/managers, lenders, investors and governments. These users rely on financial statements to evaluate a company’s past financial performance as indicators in areas of profitability, liquidity, leverage, and efficiency; to create benchmarking matrixes; and to support future decision-making. Choose two companies in the same industry whose financial statements are available online. Complete several financial ratios for each company and compare them. Share your analysis and answer the following questions in a minimum of...
External users of financial statements use the information to make key business decisions. Some common users include banks, investors, suppliers, and employees. Briefly describe one reason why each stakeholder would evaluate the financial information and provide a specific example to illustrate your ideas.
Owners and managers need financial information in order to Multiple Choice 0 | grant loans. issue credit. collect taxes. make decisions
answer each question with an explnation of each answer please 4. Multiple Choice Question 61 Which of the following is the most appropriate and modern definition of accounting? a. b. The information system that identifies, records, and communicates the economic events of an organization to interested users. The interconnected network of subsystems necessary to operate a business, Electronic collection, organization, and communication of vast amounts of information A means of collecting information. C. d. Answer: 1 5. Multiple Choice Question...
Which of the following characteristics does NOT apply to Financial Accounting? Used by investors when making stock purchase decisions a. Information reviewed by external auditors Ob. Regularly uses predictiions Used by creditors when making loan approval decisions Od.