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MrRissso [65]
3 years ago
9

Identify the following questions as most likely to be asked by an internal or an external user of accounting information

Business
1 answer:
shtirl [24]3 years ago
5 0

Answer:

The answer is:

1. - Internal user of accounting information(management)

2. External user of accounting information(banks)

3. Internal user of accounting information(management)

4. External user of accounting information(potential investors)

5. Internal user of accounting information(management)

6. External user of accounting information

7. Internal user of accounting information(management)

Explanation:

Internal users of accounting information are people within a organization who use the accounting information for decision making. Examples of are the management and employees. External users are people that are not within the organization. Examples are government, the public, banks, potential investors etc

1. - Internal user of accounting information(management)

2. External user of accounting information(banks)

3. Internal user of accounting information(management)

4. External user of accounting information(potential investors)

5. Internal user of accounting information(management)

6. External user of accounting information

7. Internal user of accounting information(management)

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Farmers Produce Inc. and Growers Market enter into a contract for the delivery of vegetables. Some of the produce spoils before
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Answer:

A. Not fully integrated.

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3 years ago
Having term limits on Boards of Directors for companies forces firms to rotate leadership to get new ideas. It also creates this
yKpoI14uk [10]

The available options are the following:

-Board members serve on multiple boards

-People with knowledge of the firm's history are replaced with those who may not know as much information

-Less frequent board meetings

-Better decisions about important issues

Answer:

-People with knowledge of the firm's history are replaced with those who may not know as much information

Explanation:

Considering the available options, the option that appears negative and related to the point being discussed is

"People with knowledge of the firm's history are replaced with those who may not know as much information."

It is straightforward, as changing the board of directors will at some point lead to a time where the new member in the board of directors will just be a competent worker but has no history with the company.

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3 years ago
Patsy possesses twenty-four acres of remote, rugged land. Patsy has the right to use the property, in¬cluding extracting silver
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Answer:

C. life estate

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8 0
3 years ago
Margie received her store order on 12 3 16 at 4:00 a.M. She just opened one of the fountain bibs today 12 7 16 at 12:00 p.M. The
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Answer and Explanation:

The correct way for putting this on expiration paper is as follows

Expiration date: 1/17/2017

Exp time: 4:00 AM

Preparation date: 12/3/2016

Preparation time: 4:00 AM

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Therefore we applied the given information to arrive at an answer

6 0
4 years ago
Salmon, Incorporated issues 500,000 shares of preferred stock for $60 a share. The stock has a fixed annual dividend rate of 5%
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If sufficient dividends are declared, preferred stockholders can anticipate receiving annual dividends of: $0.90 per share.

Using this formula

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Where:

Par value= $18 per share

Fixed Annual dividend rate= 5% or 0.05

Let plug in the formula

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Inconclusion if sufficient dividends are declared, preferred stockholders can anticipate receiving annual dividends of: $0.90 per share.

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