Which of the Following Would NOT Be Considered an Internal

question 119

Multiple Choice

Which of the following would NOT be considered an internal user of accounting data for the ABC Company?

• A) president of the company
• B) production manager
• C) merchandise inventory clerk
• D) president of the employees' labour union

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Definitions:

Benefit of Objectives

The advantage of having clear and defined goals which guide actions and decisions, improving focus and facilitating measurement of progress.

Long-Term Goals

Objectives or targets that are planned to be achieved over an extended period, typically over one year.

Strategic Planning

A methodical approach to imagining a preferred future, then converting this vision into general aims or targets and outlining a series of actions to reach these goals.

Operational Planning

The process of planning specific day-to-day activities and resources needed to achieve tactical objectives and support strategic goals of an organization.