In supplying external users with additional accounting information, there is a need to balance the costs and benefits of supplying that information, but this does not apply to internal users such as managers because the information is already available and does not incur any additional costs.

Question

Quizplus · Accepted Answer

While it is true that internal users such as managers have access to information within the organization, there may still be costs associated with compiling and presenting that information in a useful format. Additionally, the benefits of providing relevant and timely information to decision-makers within the organization can outweigh any costs incurred.

In Supplying External Users with Additional Accounting Information, There Is