Question: Performance in Last 10 Qs Hard Easy Performance in last 10 questions - there are '3' correct answers, '2' wrong answers, '0' skipped answers, '0'

Performance in Last 10 Qs

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Easy

Performance in last 10 questions - there are '3' correct answers, '2' wrong answers, '0' skipped answers, '0' partially correct answers

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Identify the forms of business organization and the uses of accounting information.

Q 1.6:

Which of the following statements about accounting information is true?

  • A :

    business enterprises management is the major external user of accounting information.

  • B :

    Accounting information is used only by internal users who are responsible for planning, organizing and running a business enterprise.

  • C :

    Accounting information is used only by external users with a financial interest in a business enterprise.

  • D :

    Accounting communicates financial information about a business enterprise to both internal and external users.

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