3 years ago

Who are the internal and X ternal users of accounting information

Business

1 answer:

dezoksy [38]3 years ago

3 0

Answer and Explanation:

The internal and the external users or parties of accounting information are as follows

Internal users: These are the users who are belonged from the company i.e. shown below:

1. Owners

2. Managers

3.Employyes

External users: These are the persons who are outsiders such as

1. Suppliers

2. Customers

3. Tax authorities etc

You might be interested in

The manager provided the following information. Direct manufacturing labor hours: 2,400 hours Actual units produced: 12,000 unit

Naya [18.7K]

Answer:

Labor efficiency variance = $5,760 (Favorable)

Explanation:

We know,

Labor efficiency variance = (Standard hour - Accrual hour) × Standard rate

Given,

Accrual hour = 2,400

Standard hour = Budgeted direct manufacturing labor hours × Actual units produced

or, Standard hour = 0.22 × 12,000

Standard hour = 2,640 hours.

Standard rate = $24.

Putting the values into the formula, we can get

Labor efficiency variance = (2,640 - 2,400) hours × $24

Labor efficiency variance = 240 × $24

Labor efficiency variance = $5,760 (Favorable)

As standard hours is higher then actual hours, it is a favorable situation.

7 0

3 years ago

A corporation has cumulative preferred stock on which it pays dividends of $20,000 per year. the dividends are in arrears for tw

tekilochka [14]

Its free real estate----------------------------

8 0

3 years ago

The price of money that is borrowed or saved is called _____. real GDP the market value an interest rate

ryzh [129]

The price of money that is borrowed or saved is called interests.
when you're money is saved it is earning a price called interest,, when you borrow money from someone or someone borrowed money from you, the amount earned interest.

8 0

4 years ago

Read 2 more answers

Due to the increased interdependence between buyers and sellers and the mutual desire to reduce risk of the unknown:

ycow [4]

The thought of loosing money and being a failure is the one thing you must have confidence and start each day as if it was your last

7 0

3 years ago

Which of the following is a factor payment for a factor of production?

hram777 [196]

I think the most appropriate answer would be D.

I hope it helped you!

4 0

4 years ago

Read 2 more answers

Who are the internal and X ternal users of accounting information￼

Who are the internal and X ternal users of accounting information