Which of the Following User Groups Generally Receive Information Produced

question 57

Multiple Choice

Which of the following user groups generally receive information produced by the general ledger and reporting system?

• A)internal users
• B)external users
• C)inquiry processing by internal or external users
• D)all of the above

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Definitions:

Accrued Liabilities

Financial obligations that a company has incurred during a period but has not yet paid by the end of that period.

Accounts Payable

A liability account that records amounts a company owes to suppliers for goods and services purchased on credit.

Statement Of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, investment, and financing activities.

Accounts Receivable

Money owed to a business by its customers for products or services delivered on credit.