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A partnership A. Is also called a sole proprietorship B has unlimited liability C Has to have a written agreement in order to the legal

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A partnership A. Is also called a sole proprietorship B has unlimited liability C Has to have a written agreement in order to the legal D Is a legal organization separate from its owners E. Is a non-business organization External users of accounting information include: A Shareholders B. Customers C. Creditors D. The process E. All of these answers are correct The primary objective of financial accounting is A To help organizations keep track of financing activities. B. To provide external reports to help users analyze an organization's activities. C. To help an organization define its ideas goals and actions D To help an organization to keep track of its buying and selling of resources E To prepare budgets Internal users of accounting information include A Shareholders H. Managers C. Creditors. D. Investors E. Customers The area of accounting aimed at serving the decision-making needs of internal users is: A financial accounting B Managerial account

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