Complete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be used at all. Budget creditors Managerial accounting planning controlling Financial accounting Managers Shareholders .

a. Information on a companys past performance is provided to external parties by ________.

b. ________ systems are chosen by comparing the costs versus the benefits of the system and are not restricted by GAAP (or International Financial Reporting Standards, IFRS, in the case of companies headquartered in many countries outside of the United States).

c. ________ systems report on various segments or business units of the company. d. Financial accounting develops reports for external parties such as ________ and ________.

e. When managers evaluate the companys performance compared to the plan, they are performing the ________ role of management.

f. CPAs audit the ________ statements of public companies.

g. Companies must follow GAAP (or International Financial Reporting Standards, IRFS, in the case of companies headquartered in many countries outside of the United States) in their ________ systems.

h. Choosing goals and the means to achieve them is the ________ function of management.

i. Decision makers inside a company are the ________.