The area of accounting concerned with providing internal users with information is called

managerial accounting.public

accounting

.internal accounting.

financial accounting.

2Which of the following users isnotconsidered an internal user of accounting information? an employee

a small business owner

a manager

a supplier

3-Which of the following forms of business entities generates 90% of business revenues in the U.S.?

corporations partnerships manufacturing companies proprietorships

Which of the following concepts requires that economic data be recorded in dollars in the U.S.? Objectivity concept

Cost concept

Unit of measure concept

Business entity concept 4-Accounting principles within the United States are primarily developed by the

FASB SEC IASB GAAP 6-Emily owns three businesses: a dry cleaner, a market, and a candy store. The dry cleaner has revenue of $5,000; the market has revenue of $10,000; and the candy

$22,000 of revenue in the records of the market. $22,000 of revenue in her personal records. None of these choices are correct. $22,000 of revenue in the records of the dry cleaners. store has revenue of $7,000. Under the business entity concept, Emily should record