Which of the following is an external user of accounting information? 6 Multiple Choice Purchasing manager Human resource manager Lender Chief executive officer (CEO) Marketing manager. Which of the following is not an external user of accounting information? 5 Multiple Choice Shareholders Customers. Purchasing managers. Government regulators Creditors The area of accounting aimed at serving the decision-making needs of internal users is 4. Multiple Choice Financial accounting Managerial accounting External Auditing O SEC reporting Bookkeeping The assets of a company total $704,000: the liabilities, $202,000. What is the amount of equity? 3 Multiple Choice $906,000 $704,000 $502.000 $202.000 $1708,000 IP Equity is: 2 Multiple Choice Not Income divided by average total assets. Equal to assets plus abilities The owner's claim on assets Increased by expenses. Decreased by revenue Mc Revenues are: 1 Multiple Choice The same as net income. The excess of expenses over assets. Resources owned or controlled by a company Increases in equity from a company's sales of products and services, The costs of assets or services used