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18. C1.External users of accounting information include all of the following except: Select one: a. Purchasing managers. o b. Customers. o C. Government regulators. d.

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18. C1.External users of accounting information include all of the following except: Select one: a. Purchasing managers. o b. Customers. o C. Government regulators. d. Shareholders. The accounting process involves all of the following except Select one a. identifying economic transactions that are relevant to the business. b. communicating financial information to users by preparing financial reports. c. analyzing and interpreting financial reports o d. recording nonquantifiable economic events. 1. C1. Which of the following would not be considered internal users of accounting data for a company? Select one: o a. The controller of a company b. Salesmen of the company o c. The president of a company o d. Creditors of a company 32. C1.Below are the characteristics of a business organisation: Number of members: 2 to 50 persons Capital contribution: Large Liabilities: Limited .Books of accounts: Must be audited Which of the answers below best fits the above characteristics? Select one: a. Nasi Lemak Pak Ali Enterprise b. Poliklinik Rodziah & Family c. Cahaya Sdn. Bhd. o 0 d. Rozie Landscaping Bhd

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