Which of the following is an internal user of a company's financial information?   A shareholder in the company B bank lending to the company C union D company treasurer

Q: Explain different types of financial services with examples.

A: Answer 1: Types of financial services: Banking Banking service provides services like a savings…

Q: Which of the following is not an external user of a business’s financial information? a. Taxing…

A: Financial information: The financial information of the company is used by many internal &…

Q: Bank Muscat LLC is an example of which of the following forms of business organization?

A: Solution: Option a. This will be the correct option only if the correct answer is not given in the…

Q: Which of the following is not an external user of a business’s financial information? Taxing…

A: The financial information of the company is used by many internal & external users for getting…

Q: Instructions Prepare a personal statement of financial position using the format you have learned…

A: Personal statement of financial statement gives a summary of net work by calculating the assets…

Q: In the functional responsibility of the Phillipines Stock Exchange, which of the following…

A: Stock Exchange is the place where the buying and selling of financial securities like stocks, bonds,…

Q: ncial information   Reporting financial information   Summarizing fin

A: Accounting involves many activities with the aim to prepare and present all transactions incurred by…

Q: What is financial reporting and write the types of reports prepared in business organisation?

A: Financial reports are the reports that to be made available to the stakeholders/public by providing…

Q: External users of financial accounting information include all of the following except ________.…

A: There are two types of users for financial accounting. 1. Internal users 2. external user Internal…

Q: Financial accounting serves which primary function(s)?  a. Measures business activities. b.…

A: Financial accounting is a branch of accounting which deals into summarisation, analysis and…

Q: The standards, procedures, and principles companies must follow when preparing their financial…

A: Accounting is the process of identifying, recording, summarizing, and analyzing accounting…

Q: What have you learnt in a course relating to financial accounting?

A: Answer: 1) Financial Accounting: Financial accounting is the method of recording, summarizing and…

Q: Which of the following statements is/are true? I. The listing of all of the accounts available for…

A: ●Statement I is False: The listing of all of the accounts available for use in a company's…

Q: hich of the following is managed by an accounting department's dministrator? O A. bills and expense…

A: Accounting department refers to the corporate overhead group part of the firm and this department is…

Q: Which one of the following occupations best fits into the corporate area of finance?

A: Option Explanation A A mortgage broker acts as an intermediary who brokers mortgage loans on…

Q: Which of the following would not be considered internal users of accounting data for a company? a.…

A: The company produces accounting data in the form of financial reports and related disclosures. There…

Q: Who among the following is a direct user of accounting information? Labor association Financial…

A: Users of accounting information is classified into 2 categories:  a. Direct users  b. Indirect users…

Q: The business owner uses personal funds to purchase common stock in his company, what is the journal…

A: Lets understand the basics. Journal entry is required to make to record event or transaction occur…

Q: Why do you think providers of finance are interested in a company's accounting information?

A: Finance means a money management system like Borrowing money, investing money, expenses money,…

Q: What are the responsibilities of the Board of Directors for the financial statements? Or…

A: Financial statements are important because they provide vital information related to the financial…

Q: How do business transactions affect the accounting records of a company?

A: Accounting Records - Accounting records are the transaction recorded by the organization from past…

Q: Statements prepared to know profit or loss and financial position of the business are called:…

A: Various statements are prepared to know the profit or loss and financial position of the business

Q: A banks system is considered as financial intermediary. This financial intermediary can be used by…

A: A financial intermediary is a mediator of a financial deal between 2 people, including banks, an…

Q: Classify the following users of information as either: I—internal user T—external user: trading…

A: Workings: Given values: Internal user- ( I ) External user Trading partner - ( T ) External user…

Q: Explain each of the following items:a. Staff Accounting Bulletins.b. Wraparound filing.c.…

A: a. Staff Accounting Bulletins: Staff Accounting Bulletins are published by the staff of SEC. Its…

Q: Explain the key principles that financial managers use when making business decisions and Describe…

A: A business organization is defined as an entity that is being incorporated with the aim to carry on…

Q: e business activities

A: The financial statement is the major in accounting.

Q: institutions

A: Thanks for the question. As per Bartleby answering guidelines, we are allowed to answer only first 3…

Q: 8. Which one of the following is an item of owners' equity? Bank loan Suppliers' monetary claims…

A: Owners equity: Deducting liabilities from Assets called owners equity. Formula: Owners equity =…

Q: Which characteristic applies more to financial accounting than to managerial accounting? a. Company…

A: Accounting have different branches which deals with different accepts of accounting. Financial…

Q: Which of the following is not an external user of a business’s financial information? Taxing…

A: Financial information: The financial information of the company is used by many internal &…

Q: Which of the following is a function of corporate finance? Select one: a. Making investment and…

A: Corporate finance deals with managing the finances of a corporation. functions of corporate finance…

Q: What significant information should each of the following be aware of in the financial statements…

A: Financial statements are the key documents of the organization which state the financial position of…

Q: Financial accounting prepares the general purpose statements profit and loss account and balance…

A: General Purpose Financial Statements: Financial statements intended for a wide range of users are…

Q: Which of the below are users of financial statement of a company? i) Stockholders , bondholders,…

A: Financial statement means the statement including income statement , balance sheet , cash flow…

Q: Which of the following is an internal user of company's financial information? a. company treasurer…

A: Internal users of the financial information are the person whose interest is directly involved in…

Q: The following are examples of related party transactions except * a. Extending credit to officers…

A: Related party transaction (RPT): It implies to the transactions or events that takes place between…

Q: The following are part of the responsibilities of a treasurer except a Capital raising b…

A: The Treasurer is responsible for keeping an eye on all elements of the organization's financial…

Q: Financial accounting shows the result of the collective activities of the business. Select one: O…

A: Financial accounting is accounting for the financial data and preparation and presentation of…

Q: The company holds bonds. The responsibility of the collection of interest and principal should be…

A: A bond is a type of debt instrument. When investors purchase corporate bonds, they are lending money…

Q: The officer responsible for the firm's financial activities such as financial planning and fund…

A: