Which of the Following Would NOT Be Considered an External

question 128

Multiple Choice

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

• A) Bank of Montreal
• B) Canada Revenue Agency
• C) employees
• D) customers

---

Definitions:

High Price

A situation where the cost of a good or service is considered to be above the average or expected price.

Low Price

A situation where the cost of a good or service is relatively minimal compared to similar goods, often due to high supply, low demand, or competitive strategies.

Tit-For-Tat Strategy

A cooperative strategy in game theory where a player in a competition responds to an opponent's action with similar action, often used to enforce cooperative behavior.

Weekly Profit

The total income a business generates in one week after all expenses have been subtracted.