Multiple choice

Which of the following is/are the internal user(s) of accounting information?

  1. Researchers

  2. Government and tax authorities

  3. Regulatory agencies

  4. Potential investors

  5. Management

Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

Management takes prompt decisions to manage the business efficiently. The management manages the internal affairs of the concern. Hence, it is the internal user.