We have been studying the framework of the accounting structure. We've learned that there are both...

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We have been studying the framework of the accounting structure. We've learned that there are both internal and external users who rely on the information that is housed on the financial statements required by GAAP. Based on what you have learned and your own thoughts please answer the following questions: 1. Why is there a demand for Accounting Information? 2. What is one group that uses the Accounting Information and explain how they use it? 3. Provide feedback to one of your peers on their response to Question 1. Your response should include a deep dive into your thoughts on the feedback provided by your peer. This is a graded deliverable with two parts. 17 1. You must respond to Questions 1 and 2 by Thursday, September 28th. (15 points) 2. You must provide feedback to your peer by Tuesday, October 3rd. (10 points) We have been studying the framework of the accounting structure. We've learned that there are both internal and external users who rely on the information that is housed on the financial statements required by GAAP. Based on what you have learned and your own thoughts please answer the following questions: 1. Why is there a demand for Accounting Information? 2. What is one group that uses the Accounting Information and explain how they use it? 3. Provide feedback to one of your peers on their response to Question 1. Your response should include a deep dive into your thoughts on the feedback provided by your peer. This is a graded deliverable with two parts. 17 1. You must respond to Questions 1 and 2 by Thursday, September 28th. (15 points) 2. You must provide feedback to your peer by Tuesday, October 3rd. (10 points)

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Here is my response to questions 1 and 2 1 There is a demand for accounting information because peop... View the full answer