0
Is a vice president an internal or external user of Accounting?
Wiki User
∙ 10y ago
internal users
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Is employee an external user of accounting information?
External ueser
Who is an internal user of financial statements?
Accounting information is presented to internal users in the form of management accounts, budgets, forecasts andÊfinancial statements. External users are communicated accounting information in the form of financial statements. These users are creditors, tax authorities, investors, etc..
Who is the internal user and who is the external user in accounting?
Internal users include various interest parties: Management Employees (including Trade Unions) External users include various interested parties: investors Government Customers Suppliers Lenders Competitors The Public Special Interest Groups (eg an Environmental group) External auditors check the veracity of the published accounts for the business
Why accounting is called the language of business?
Because it communicates financial information, accounting is often called "the language of business." The information that a user of financial information needs depends upon the kinds of of decisions the user makers. The differences in the decisions divide the users of financial information into two broad groups: internal users and external users.
Which one of the following is not an external user of accounting information a. gulatory agencies. b. Customers. c. Investors. d. All of these are external users?
d. All of the above
What is the difference between an internal and external command?
Internal commands are commands that are already loaded in the system, It can be executed at any time and are independent. external commands are loaded when the user requests them. Internal commands don't require a separate process to execute them.
Both internal and external human threats can bring down a system Which of the following represents an internal human threat?
Disgruntled employees.
What are the differences between external and internal users of information and their needs and demands on an information system?
External users demand information from the organisation inorder to make investment decisions.If the organisation is doing well it attracts more investors thus increasing the wealth of an organisation.
Is company management an external user of financial information?
no it is an internal user of information.External users are financial analysts outside the company, lenders and creditors such as banks and suppliers, and groups such as environmentalism groups and govermental bodies.
Is the banker consider an external user?
Yes, the banker is considered an external user in financial term.
Identify who the typical internal and external user might include in a brick-and-mortar store?
For a retail store the buyers of its stock for sale are its external customers. The internal customers on the other hand are the store's employees. These can be individuals like cashiers or store employees who work in its internal departments such as payroll services, IT help desk services, claim processing etc.
Why is it important to understand and describe the basic internal and external components of a computer?
It is exactly as important as it is to understand and describe the basic internal and external components of your car's various mechanical and electrical systems.For the average user of both computers and cars there is no importance at all to being able to do this, all that is important is to know how to use them to do the user's tasks satisfactorily. The only persons that these are important to are the people responsible for repairing and maintaining the devices.
