Internal users include lenders, shareholders, brokers and managers.
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Q1: The business entity principle means that a
Q2: External users include lenders, shareholders, customers, and
Q3: Managerial accounting is the area of accounting
Q5: Bookkeeping is the recording of transactions and
Q5: Opportunities in accounting include auditing, consulting, market
Q6: Good ethics are good business.
Q9: Accounting is an information and measurement system
Q11: The primary objective of financial accounting is
Q15: Owners of a corporation are called shareholders
Q17: External auditors examine financial statements to verify
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