Identify each of the following as either internal or external users of accounting information. $$\begin{array}{ll}\text{ A. }& \text{ Payroll manager }\\ \text{ B. }& \text{ Bank }\\ \text{ C. }& \text{ President’s secretary }\\ \text{ D. }& \text{ Internal Revenue Service }\\ \text{ E. }& \text{ Raw material vendors }\\ \text{ F. }& \text{ Social Security Administration }\\ \text{ G. }& \text{ Health insurance provider }\\ \text{ H. }& \text{ Managerial accountant }\end{array}$$

Internal Users

Internal users are individuals or groups within an organization who use financial information to make decisions about the operations of the company, such as management and employees.

External Users

Individuals or entities outside of a company who use its financial information, typically for analysis, investment, or regulatory purposes.