Chapter 1, Problem 3DQ

To determine

(a)

To identify:

The four kinds of external users of accounting information.

Concept Introduction:

Accounting information is prepared for the person who uses this information. These persons are known as the users of the accounting information. These users can be external users or internal users. The external users are those who are outsiders to the business and internal users are those who are involved in the business

To determine

(b)

To describe:

The use of accounting information by the above users.