The following are the internal users of an organization, except:

A$.$ owners and managers.

B$.$ securities Commission and potential customers.

C$.$ storekeeper and employee.

D$.$ internal auditor and accountant.

Accounting is involved in the following activities, except:

A$.$ classifying.

B$.$ recording

C$.$ simplifying.

D$.$ interpreting.

An asset is recorded at its original price. This is to fulfil which qualitative characteristic of

financial information or accounting concept?

A$.$ completeness

B$.$ economic entity concept

C$.$ historical cost concept

D$.$ confirmatory value