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Chapter 1: Introduction to Managerial Accounting

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Question;1.2-25 Which;of the following groups are external users of financial information?;A. Customers of the company;B. Vendors of the company;C. Potential investors of the company;D. All of the above;1.2-26 Which;of the following groups are most likely to use a company?s budget information?;A. Managers;B. Customers;C. Creditors;D. Suppliers;1.2-27 Decision;makers inside a company are its;A. creditors.;B. customers.;C. managers.;D. shareholders.;1.2-28 Owners;of a company are its;A. creditors.;B. customers.;C. managers.;D. shareholders.;1.2-29 Information;for external parties about past performance is provided by;A. budget reports.;B. financial accounting reports.;C. managerial accounting reports.;D. planning reports.;1.2-30 Information;for internal parties about past performance is provided by;A. budget reports.;B. financial accounting reports.;C. managerial accounting reports.;D. planning reports.

 

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