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2 years ago

Which type of accounting information is intended to satisfy the needs of external users of accounting information

1 answer:

3 0

The type of accounting information intended to satisfy the needs of external users of accounting information is the Financial accounting.

<h3>Financial accounting</h3>

Financial accounting is the field of accounting concerned with the summary, and reporting of transactions related to a business.

In comparison with other fields, Managerial accounting includes accounting of cost, and intended for the use of internal users of the business.

Tax accounting is specifically intended for tax.

Therefore, it is financial accounting that is intended to satisfy needs of external users in a business.

Read more about<em> accounting</em> here:

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Answer:

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3 years ago

Compensating balances

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Answer:

The correct answer is D

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3 years ago

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