Accounting provides financial comparisons of operating alternatives, projections of income from new sales campaigns, analyses of sales costs, and forecasts of cash needs for external users.

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Matthew Bovio · Accepted Answer

Final Answer : False, Explanation :  Accounting primarily serves both internal and external users by providing financial information about a company's operations, financial position, and cash flows. However, the specific tasks of providing financial comparisons of operating alternatives, projections of income from new sales campaigns, analyses of sales costs, and forecasts of cash needs are more directly associated with managerial accounting, which is primarily aimed at internal users such as management for decision-making purposes, rather than external users. External users are more interested in financial statements and reports that reflect the overall health and performance of the company.

Accounting provides financial comparisons of operating alternatives, projections of income from new sales campaigns, analyses of sales costs, and forecasts of cash needs for external users.

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