Asked by
Verified
Potential employees who use annual reports to learn about the company and evaluate job prospects are regarded as external users.
External Users
Individuals and organizations outside a business who use its financial information for decision-making purposes.
Annual Reports
Comprehensive reports issued by companies annually that provide information on their operations, financial condition, and corporate activities.
Job Prospects
The potential opportunities for employment and career advancement in a particular field or profession.
- Pinpoint the internal and external entities that rely on accounting data.
- Gain insight into the key functions and duties of diverse external actors, namely labor unions, future employees, and tax authorities.
Verified Answer
Learning Objectives
- Pinpoint the internal and external entities that rely on accounting data.
- Gain insight into the key functions and duties of diverse external actors, namely labor unions, future employees, and tax authorities.
Related questions
The Users of Private Company Financial Statements Do Not Have ...
Accounting Communicates Financial Information About a Business to Both Internal ...
Authorities, Such as the Canada Revenue Agency, Want to Know ...
Anyone Who Works for a Company but Does Not Necessarily ...
The United States and the International Standard-Setting Environment Are Primarily ...