1) Which of the following can be considered as an internal user? a) Board of Directors b) Creditors c) Investors d) Customers 2) Which of the following is NOT considered an internal user of accounting information? a) Owners of a business b) Stockholders c) Suppliers d) Field of workers 3) This group of users of accounting information invested resources to the company with hopes of earning returns. a) Creditors b) Government c) Potential Investors d) Owners or stockholders 4) Which of the following does not fall under the category of customers? a) Daniel, a client of SGV accounting firm b) Banjo, a regular purchaser of deodorant in Aling Nelia’s Sari – sari store c) Ryan, an individual collecting annual payments from Company X d) Jerome, a loyal gamer in Net X computer shop 5) Which of the following is likely the reason why customers look at the company’s financial statements? a) To see if it will be beneficial to build a long – term relationship with the company b) To help members of the academe to gather data for educational purposes c) To decide whether or not they will lend resources to the company d) To estimate potential returns if he or she plans to transact with the company

Users of Accounting Information

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