Which One of the Following Is Not an External User

question 67

Multiple Choice

Which one of the following is not an external user of accounting information?

• A) Regulatory agencies.
• B) Customers.
• C) Investors.
• D) All of these answer choices are correct.

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Definitions:

Direct Approach

A method of presenting the cash flow from operating activities by showing major classes of gross cash receipts and payments.

Variable Interest Entity (VIE)

A legal entity in which an investor holds a controlling interest that is not based on the majority of voting rights.

Intra-Entity Bonds

Bonds issued between different divisions or units within the same company, rather than to external investors.

Straight-Line Method

An accounting method of depreciation where an asset's cost is evenly distributed over its useful life.