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Question

External users of accounting information include ______________.

A
Owner
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B
Customer
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C
Management
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D
None of these
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Solution

The correct option is A Customer
The users of accounting are mainly classified into two categories
1. Internal Users: Internal users are inside the business of the entity.
Example: managers, owners, directors, CEO, CFO etc.

2. External Users: These are outside the affairs of the entity.
Example: Creditors. Government, Shareholders etc.

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