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Question

Which of the following would be considered as an internal user of the financial statements?

A
Shareholder
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B
Credotor
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C
Debtor
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D
Finance Manager
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Solution

The correct option is D Finance Manager
Financial statements record and outline the financial activities of a business, an individual or any other entity. Financial statements are meant to present the financial information of the entity in equation as clearly and concise as possible for both the entity and for readers. Internal users refers to mangers who use accounting information in making decision related to the company's operation.

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