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Creditors are typically considered external entities. They are individuals or organizations that lend money or extend credit to a business, expecting repayment under agreed terms. While some creditors, such as employees owed wages, may have a more internal relationship with the company, the term generally refers to external parties like banks, suppliers, or bondholders.
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What are two differences between an internal audit and an external audit?
1) An internal audit is an appraisal of activities within company areas, whereas an external audit looks at the financial statements as a whole 2) An internal report is normally given to managers, while an external report is prepared for shareholders, related companies, creditors, or government agencies.
Does the Atlantic salmon have internal or external fertilization?
internal external not internal external not
Is bearded dragons development internal or external?
its internal
What are the internal and external users of financial statements?
External Users: 1 - Potential Investors 2 - Banks 3 - Financial Institutions 4 - Governament 5 - Creditors 6 - Suppliers Internal Users 1 - Employees 2 - Management 3 - Share holders etc
Is a polar bear external or internal?
Is a salmon internal or external?
Another word for internal customer?
The term internal customer is a broad term that can be applied to a number of people directly involved (often internally) in an organization. That could include employees, stakeholders, shareholders, creditors, and external regulators.
What is internal and external sources?
What is internal and external sources?
Is fertilization external or internal in sparrow?
internal
Is the story Eleven an internal or external conflict?
external
Is a keyboard internal or a external devise?
External. Internal devices would be something like a CD Drive, while an external device is a keyboard or mouse for example.
What is the difference between external and internal stimuli?
internal is in and external is out
Give example of external and internal?
internal is in and external is out fertilisation
