Users of Accounting Information: The users for financial accounting information are mostly outsiders, like investors, creditors, customers and the government agencies. They use the accounting information for taking informed decision. On the other hand, the users for managerial accounting are the insiders like the managers and employees. They use the accounting information for taking informed decision. To Identify: The given users as external decision makers (E), or internal decision makers (I).

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Chapter 1, Problem 1.17E

To determine

Users of Accounting Information: The users for financial accounting information are mostly outsiders, like investors, creditors, customers and the government agencies. They use the accounting information for taking informed decision. On the other hand, the users for managerial accounting are the insiders like the managers and employees. They use the accounting information for taking informed decision.

To Identify: The given users as external decision makers (E), or internal decision makers (I).

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