Exercise 1-2 (Static) Identifying accounting users and uses LO C1 Part A. Identify the following questions as most likely to be asked by an Internal user or an External user of accounting information. Part B. Identify the following users as either an Internal user or an External user. Complete this question by entering your answers in the tabs below. Part A Part B Identify the following questions as most likely to be asked by an Internal user or an External user of accounting information. External user or Internal user Questions 1. Which inventory items are out of stock? 2. Should we make a five-year loan to that business? 3. What are the costs of our product's ingredients? 4. Should we buy, hold, or sell a company's stock? 5. Should we spend additional money for redesign of our product? 6. Which firm reports the highest sales and income? 7. What are the costs of our service to customers?

Exercise 1-2 (Static) ldentifying accounting users and uses LO C1 Part A. Identify the following questions as most likely to be asked by an Internal user or an External user of accounting information Part B. Identify the following users as either an Internal user or an Extemal user. Complete this question by entering your answers in the tabs below. Identify the following questions as most likely to be asked by an Internal user or an External user of accounting information