Which one of the following is not an external user of financial information? Senior company management Creditors Internal Revenue Service Stockholders Which of the following forms of business organizations exists as a legal entity? A labor union A corporation A sole proprietorship A partnership Which of the following is not among the five major steps in the accounting cycle? Adjust the general ledger accounts and prepare an adjusted trial balance Prepare financial statements Prepare a chart of accounts Record transactions in a journal Analyze transactions from source documents