Question

Who are the internal users of accounting information?

• A. Investors and creditors
• B. Management and employees
• C. Customers and suppliers
• D. Government and regulatory bodies

Hint:

Internal users = Organization ke andar ke log (management, employees); External users = outsiders (investors, government, creditors).

Answer 1

The Correct Option is B

Topic: Users of Accounting Information
Step 1: Understanding the Question:
The task is to identify stakeholders who are "inside" the company and use financial data for operations and decision-making.
Step 2: Detailed Explanation:
- Internal Users: People within the organization. Management uses data to make strategic plans. Employees use it to assess job stability and bonus possibilities.
- External Users: People outside the organization. This includes Investors, Creditors, Banks, the Government, and the general public.
Step 3: Final Answer:
Management and employees are the internal users of accounting information.
Final Answer: Management and employees.