Identify the users as being either external users or internal users Customers Internal Revenue Service

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Hello! I need help with the following accounting principles question. It states that for each box, we can either select the user as being an external or internal user. Thank you in advance!

Identify the users as being either external users or internal users.
Customers
Internal Revenue Service
Labor unions
Marketing manager
Production supervisor
Securities and Exchange Commission
Store manager
Suppliers
Vice president of finance
Transcribed Image Text:Identify the users as being either external users or internal users. Customers Internal Revenue Service Labor unions Marketing manager Production supervisor Securities and Exchange Commission Store manager Suppliers Vice president of finance
Expert Solution
Step 1: Users of financial statements

The users of financial statements are of the following categories.

  1. External users
  2. Internal users
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