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Question 1: Ali performs the following accounting tasks: 1. Analyzing and interpreting information. 2. Classifying economic events. 3. Explaining uses, meaning, and limitations of data.
Question 1: Ali performs the following accounting tasks: 1. Analyzing and interpreting information. 2. Classifying economic events. 3. Explaining uses, meaning, and limitations of data. 4. Keeping a systematic chronological diary of events. 5. Measuring events in dollars and cents. 6. Preparing accounting reports. 7. Reporting information in a standard format. 8. Selecting economic activities relevant to the company. 9. Summarizing economic events. Instructions: categorize the accounting tasks performed by Ali as relating to either identification (I), recording (R), or communication (C) aspects of accounting. Question 2: Identify wither the users are external users or internal users: 1. Customers 6. Suppliers 2. Securities and Exchange Commission 7. Marketing manager 3. Internal Revenue Service 8. Vice president of finance 4. Store manager 9. Production supervisor 5. Labor unions
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