Identify the following users of accounting information as either an (a) external or (b) internal user. Nonexecutive employee

Q: hat are the accounting information needed by: a. Internal users b. External users

A: Accounting Information:- This is that information that is required by both external and internal…

Q: What are the two fundamental qualities of accounting information? O A. Faithful representation and…

A: Accounting information indicates the financial data arises through recordings and bookkeeping. It…

Q: Define each service rendered Financial accounting service rendered Managerial accounting service…

A: Services rendered are the services that a company completes for the client or customer prior to…

Q: Management accounting information

A: Management accounting information is the information generated within the entity for the use of…

Q: Question: b) Management accounting information is used by the internal users to make business…

A: There are different types of accounting such as financial accounting managerial accounting,…

Q: What are some accounting-related professions?

A: Definition: Accounting: Accounting is a system, or a process of collecting and organizing economic…

Q: how managers (internal user) and customers (external user) use accounting information?  Give one…

A: Introduction:- Users of accounting information are classified into two types as follows under:-…

Q: Internal users of accounting information: Multiple Choice Are not directly involved in operating a…

A: Generally, internal users of the financial information are the people within the organization who…

Q: information would include ........ .

A: External users are people outsidebusiness entity who use accounting information.external users are…

Q: Why is accounting information so valuable to prospective users both inside and outside the company?

A: When discussing accounting information, we're referring to data that is often included in financial…

Q: Which type of accounting information is intended to satisfy the needs of external users of…

A: Lets understand the basics.Financial accounting, management accounting and cost accounting are…

Q: Which of the following users is not considered an internal user of accounting O a. An employee O b.…

A: Internal user of accounting means the stakeholder within the organization who uses the accounting…

Q: n the role of the accounting system according to the agency theory

A: Agency theory is one of the common problem in the organization form of the system and that exist due…

Q: ow the external will use the accounting information to do decisions

A: Accounting information can be defined as the financial reports and data produced by way of…

Q: Who among the following is a direct user of accounting information? Labor association Financial…

A: Users of accounting information is classified into 2 categories:  a. Direct users  b. Indirect users…

Q: Users of accounting information can be identified as internal and external users. List two of users…

A: The 4 financial statement A balance sheet is a financial statement that represents the financial…

Q: What are the possible careers for someone skilled enough in accounting information system

A: The accounting profession has evolved from simple tax preparation and bookkeeping to the advanced…

Q: ng information?

A: Concept: Information contains in the financial statements is said as free from bias. It reflects a…

Q: Describe a situation in which you may use accounting as a non-accountant

A: This question tells about a situation in which you may use accounting as a non-accountant.

Q: How does computerized accounting information systems affect an accounting professional’s ethical and…

A: Accounting information system ((AIS) refers to having a system in which all the business…

Q: Users who do not directly run the organization and have limited access to accounting information are…

A: Accounting information includes invoices, vouchers, bank statements, journals, ledgers, financial…

Q: Principles of professional accountancy? Expalin

A: Professional accounting may be defined as an accounting field that would be defined by a statutory…

Q: Who are the èxternal user's of accounting information

A: The accounting information is used by the external user and internal user. The External users are…

Q: Question 2 Which of the following is not a user of management accounting information? O Employees.…

A: There are several branches of accounting being used in business. These may be financial accounting,…

Q: From the internal parties that the system deals with Accounting information *

A: Basically internal information can be accessed only by the internal users of an organisation. People…

Q: Explanation of double entry accounting and its relationship to pertinent accounting concepts

A: The notion of double-entry is critical in the accounting system since it allows for more accurate…

Q: Why should you as accounting student need to understand normalization

A: Normalization techniques are important because they help in proper storage of data by eliminating…

Q: How reported accounting numbers can affect an individual's perceptions and actions.

A: Financial reporting means releasing the financial reports of the company to its shareholders and in…

Q: What is the impact of being registered with the Public Company Accounting Oversight Board?

A: The Public Company Accounting Oversight Board (PCAOB) refers to a non-profit organization that was…