<span>External users are people outside the business entity (organization) who use accounting information. Examples of external users are suppliers, banks, customers, investors, potential investors, and tax authorities.</span>
A specialized accounting book for accumulating and posting business transactions into specific categories is a ledger.
<h3>What is a ledger?</h3>
A ledger is a specialized accounting tool. It can also be described as a financial book or computer program.
In the ledger, information from accounting journals is accumulated and posted into specific categories matching the type of accounts.
From the ledger, the trial balance is extracted, which forms the basis for preparing the financial statements that show an entity's financial profitability and position.
Thus, a specialized accounting book for accumulating and posting business transactions into specific categories is a ledger.
Learn more about the ledger accounts at brainly.com/question/17143087
Answer:
A. internal decision makers
Explanation:
Managerial accounting is a form of accounting the identification, analysis and interpretation of an entity's information for the pursuance of its set goals and objective by internal users such as Managers.
The information presented by managerial accounting is used by management in making key business decisions.
Elements of managerial accounting includes budgeting and forecasting which differs from financial accounting uses historical data and is meant majorly for external users such as creditors and shareholders.
Hence the primary goal of managerial accounting is to provide information to internal decision makers.
In the context of contemporary approaches to management, the sociotechnical systems theory was developed in the early 1950s by researchers from the London-based Tavistock Institute of Human Relations. This sociotechnical theory states that <span>the design and performance of any organisational system can only be understood and improved if both ‘social’ and ‘technical’ aspects are brought together and are working together.</span>
