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:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that guides the financial reporting for companies outside of the United States.

GAAP

Generally Accepted Accounting Principles, a common set of accounting rules and standards for financial reporting in the United States.

Pledging

The act of providing assets as security or collateral for a debt.

Assignment

A task or piece of work allocated to someone as part of a job or course of study.