Internal Users of Accounting Information Include All of the Following

question 84

Multiple Choice

Internal users of accounting information include all of the following except

• A) company officers.
• B) investors.
• C) marketing managers.
• D) production supervisors.

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Definitions:

Treasury Stock

Shares initially part of the company's outstanding shares that have been repurchased by the company.

Par Value

Par value is the nominal or face value of a bond, share of stock, or a coupon as stated by the issuer.

Stated Value

A per-share amount set by the board of directors for no-par value stock, which is not determined by market forces.

Revaluation Surplus

An increase in the value of an asset held by a company, recognized in equity, that occurs when the asset's current market value exceeds its previously recorded cost.