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Accounting
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27 Nov 2019

As an external user of accounting information, an investigatorof the Internal Revenue Service is an agent of a

A :

creditor

B :

independent auditing firm

C :

regulatory authority

D :

taxing authority

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Deanna Hettinger
Deanna HettingerLv2
6 Feb 2019
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Related questions

Which of the following is not an external user of a business's financial information ?

 

  1. Employees

  2. Investors

  3. Taxing Authorities

  4. Customers

Financial and managerial accounting are similar in that both:

A. are designed to meet the needs of managers.

B. primarily emphasize future operating results and goals.

C. provide information primarily to external users.

D. are regulated by outside regulatory agencies and commissions.

E. use the information provided by the internal accounting system.

Which of the following statements is true of managerial​ accounting?

a. The external stakeholders of a company are the primary users of managerial accounting.

b. Managerial accounting information is used to help managers plan and control their operations.

c. An external audit by an independent CPA is required for managerial accounting information.

d. Managerial accounting information must comply with Generally Accepted Accounting Principles.

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