Asked by Adrieanna Davis-Coco on Jul 25, 2024
Verified
External users of accounting information include all of the following except:
A) Shareholders.
B) Customers.
C) Purchasing managers.
D) Government regulators.
E) Creditors.
External Users
individuals or entities outside of a company who use its financial information, such as investors, creditors, and government agencies.
Shareholders
Individuals or entities that own a portion of a corporation's stock, thus having a share in its ownership and profits.
Purchasing Managers
Professionals responsible for sourcing goods and services for a company, negotiating contracts, and developing strategies to optimize procurement.
- Distinguish between internal and external users of accounting information and their needs.
Verified Answer
Learning Objectives
- Distinguish between internal and external users of accounting information and their needs.
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