(a) The following are users of financial statements. Identify the users as being

Question

(a) The following are users of financial statements.

Identify the users as being either external users or internal users.

1. Internal usersExternal users Customers 2. Internal usersExternal users Internal Revenue Service 3. Internal usersExternal users Labor unions 4. Internal usersExternal users Marketing manager 5. Internal usersExternal users Production supervisor 6. Internal usersExternal users Securities and Exchange Commission 7. Internal usersExternal users Store manager 8. Internal usersExternal users Suppliers 9. Internal usersExternal users Vice president of finance The following are users of financial statements. Identify the users as being either external users or internal users.

Explanation / Answer

Internal users

Marketing manager

Production supervisor

Store manager

Vice-president of finance

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External users

Customers

Internal Revenue Service

Labor unions

Securities and Exchange Commission

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