Asked by
Tiana LeBlanc
on Nov 14, 2024
Verified
Which of the following would not be considered an external user of accounting data for the LMN Company?
A) Internal Revenue Service Agent.
B) Management.
C) Creditors.
D) Customers.
External User
Individuals or entities not directly involved in the management or operations of a company, who use its financial statements.
Accounting Data
Information related to financial transactions and status used for analysis, reporting, and decision making in business.
- Identify the various internal and external stakeholders of accounting information and their demands.
Verified Answer
KC
Learning Objectives
- Identify the various internal and external stakeholders of accounting information and their demands.
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