Question
1.Which field of accounting provides information to external decision makers such as investors and lenders? A.Investment accounting B.Tax accounting C.Managerial accounting D.Finacial accounting Explain your
1.Which field of accounting provides information to external decision makers such as investors and lenders?
A.Investment accounting
B.Tax accounting
C.Managerial accounting
D.Finacial accounting
Explain your choice?
2.Describe the use of accounting information to internal decision makers as well as how it differs from the information that external decision makers need.
3.What are at least three questions that business owners might be able to answer by looking at accounting information? What type of accounting information is useful to external decision makers? Why?
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