Match the column A and column B with the best answer. Column A Column B 1. One of the roles of accounting A. Shareholders have limited liability for company debts 2. Business B. The business paid an account by cheque 3. An example of an internal user of C. A person or group of accounting information people, working to provide goods or services to customers 4. A short-term source of finance D. Sole proprietorship; partnership; company 5. Users of accounting information E. A Lender 6. Useful information F. Relevant and faithful representation 7. A long-term source of finance G. To communicate information in the financial statements to stakeholders users 8. A disadvantage of a company H. Internal users and external structure 9. Classification of business by I Service provider; retailer; activity Manufacturer 7. A long-term source of finance representation G. To communicate information in the financial statements to stakeholders 8. A disadvantage of a company H. Internal users and external structure users 9. Classification of business by L Service provider, retailer; activity Manufacturer 10. Classification of business by J. Bank (loans) ownership 11. An example of an external user of K. A company is a separate accounting information entity from its (shareholders) 12. Separate legal entity L. Management 13. An advantage of a company M. Subject to regulation structure through the Corporations Act and ASIC 14. A transaction N. Suppliers (or creditors) Owners Question 2