For Each User of Accounting Information, Identify If the User

question 233

Essay

For each user of accounting information, identify if the user would use financial accounting (FA) or managerial accounting (MA).
$\begin{array}{|l|l|}\hline\text { Accounting Information User } & \text { FA or MA } \\\hline \text { Business manager } & \\\hline \text { Creditor } & \\\hline \text { Stockholder } & \\\hline \text { Human resources director } & \\\hline \text { Internal Revenue Service } &\\\hline\end{array}$

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Definitions:

Deed of Trust

A document used in real estate that secures a loan by transferring the legal title of a property to a trustee until the loan is paid off.

Warranty Deed

A document in real estate transactions that guarantees a property is free from liens or claims and assures the buyer of clear title.

Security Interest

A lien or legal claim on assets that have been offered as security to ensure the repayment of borrowed money.

Real Property

Land and anything permanently affixed to it, such as buildings and improvements; distinguished from personal property.