alvinchiew alvinchiew
  • 24-07-2020
  • Advanced Placement (AP)
contestada

Question 1: (CLO1)

Differentiate between internal users and external users and explain the examples of the accounting information required.

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sabasameem99 sabasameem99
  • 24-07-2020

Answer:

Internal users are people within a business organization who use financial information. ... External users are people outside the business entity (organization) who use accounting information. Examples of external users are suppliers, banks, customers, investors, potential investors, and tax authorities.

Explanation:

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