Asked by Randy Sandoval on May 30, 2024
Verified
Which of the following would not be considered an internal user of accounting data?
A) the president of a company
B) the controller of a company
C) a creditor of a company
D) a sales manager of a company
Internal User
An internal user is an individual within an organization, such as managers and employees, who uses the financial information to make decisions regarding the operations of the company.
Accounting Data
Accounting data encompasses all the financial information and records of a business’s transactions, including sales, purchases, expenses, and revenues.
- Pinpoint the users of financial reports and their distinct necessities.
- Highlight the variances between internal stakeholders and external entities in their use of financial information.
Verified Answer
Learning Objectives
- Pinpoint the users of financial reports and their distinct necessities.
- Highlight the variances between internal stakeholders and external entities in their use of financial information.
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