Which of the following statements concerning users of accounting information is incorrect? A)Management is considered an internal user. B)Present creditors are considered external users. C)Regulatory authorities are considered internal users. D)Taxing authorities are considered external users.

Question

Quizplus · Accepted Answer

Regulatory authorities are considered external users, not internal users, as they are outside the organization and use accounting information for oversight and compliance purposes.

Which of the Following Statements Concerning Users of Accounting Information