1. Which of the following statements about accounting information is true? - A: Accounting information is used only by external users with a financial interest in a business enterprise. B: Accounting information is used only by internal users who are responsible for planning and organizing a business enterprise. C: Accounting communicates financial information about a business enterprise to both internal and external users. D: A business enterprise's management is the major external user of information. 1. Purchasing resources that a company needs in order to operate is called a(n) activity. O A: expanding B: operating C: financing D: investing