Which of the Following Would Not Be Considered an Internal

question 190

Multiple Choice

Which of the following would not be considered an internal user of accounting data for the GHI Company?

• A) President of the company.
• B) Production manager.
• C) Merchandise inventory clerk.
• D) President of the employees' labor union.

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Definitions:

Business Firm

An organization engaged in commercial, industrial, or professional activities, aiming to earn profits by providing goods or services.

Usury Law

Legislation that sets maximum interest rates that can be charged on loans, to prevent excessive interest rates or usury.

Efficiency Of Investment

The degree to which invested resources are used optimally to achieve desired outcomes without waste.

Beneficiary

An individual or entity entitled to receive benefits or profits from a will, trust, insurance policy, or other arrangements designed to distribute assets.