Question
1. The need accounting information to enable them to assess the ability of the business to pay their debts on time. A. shareholders B.
1. The need accounting information to enable them to assess the ability of the business to pay their debts on time. A. shareholders B. employees C. creditors D. consumers 2. The following are the examples of source documents in the accounting cycle EXCEPT: A. invoices B. journal C. receipt D. credit notes 3. The customers of Kedai Runcit Mewah should be classified as accounting information. A. Internal B. external C. internal and external D. none of the above users of 4. One of the following statements about users of accounting information is incorrect. The incorrect statement is: A. management is considered an internal user. B. taxing authorities are considered external users. C. present creditors are considered external users. D. regulatory authorities are considered internal users.
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