Asked Dec 14, 2019

Describe the various types of individuals who use accounting information and how they use that information to make important decisions.


Expert Answer

Step 1

Image Transcriptionclose

User FAMA External user Financial Accounting (FA) External user Financial Accounting (FA) External user Financial Accounting (FA) Internal user Management Accounting (MA) Internal user Management Accounting(MA) External user Financial Accounting (FA) Internal user Management Accounting(MA) External user Financial Accounting(FA) Investor Banker Internal Revenue Service manager of the business controller stockholder human resources director creditor


Want to see the full answer?

See Solution

Check out a sample Q&A here.

Want to see this answer and more?

Solutions are written by subject experts who are available 24/7. Questions are typically answered within 1 hour.*

See Solution
*Response times may vary by subject and question.
Tagged in



Accounting theory

Related Accounting Q&A

Find answers to questions asked by student like you
Show more Q&A

Q: Exercise 13-9 Net Present Value Analysis and Simple Rate of Return [LO13-2, LO13-6] Derrick Iverson...

A: 1.Compute the project's net present value.


Q: Fetzer Company declared a $0.30 per share cash dividend. The company has 380,000 shares authorized, ...

A: Retained earnings:Retained earnings are that portion of profits which are earned by a company but no...


Q: At the beginning of the period, the Fabricating Department budgeted direct labor of $149,600 and equ...

A: Calculation:


Q: From the perspective of the treasury professional, which of the following is a type of market risk b...

A: Financial risk is the risk that that indicate the chances of loss that can be incurred to the shareh...


Q: The interest charged on a $350,000 note payable, at the rate of 6%, on a 60-day note would be Group...

A: Notes Payable: Notes payable is a debt agreement between two parties. Under this agreement, a borrow...


Q: --/1 Question 13 View Policies Current Attempt in Progress A company purchases 15000 pounds of mater...

A: Given:Actual Materials purchased = 15,000 poundsMaterial Price Variance = $9000 FavourableMaterial P...


Q: A local partnership has only two assets (cash of $10,000 and land with a cost of $35,000). All liabi...

A: a.


Q: The following units of a particular item were available for sale during the calendar year:Jan. 1    ...

A: Click to see the answer


Q: What steps should a management accountant take if established written policies provide insufficient ...

A: Management accountants are the risk managers, prepare budgets and helps manager in taking various de...