Examlex
A process in which information flows from sender to receiver, with no feedback loop, is referred to as ________ communication.
Managerial Accounting
Managerial accounting involves the provision of financial information to management for decision-making, planning, and control purposes.
Financial Accounting
The field of accounting focused on the summarization, analysis, and reporting of financial transactions pertaining to a business.
External Users
Individuals or entities outside a company who use its financial information, such as investors, creditors, and regulatory bodies.
Internal Users
Individuals inside a company who use financial information to make decisions, such as managers.
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