Which of the Following Groups Are Considered to Be Internal

question 114

Multiple Choice

Which of the following groups are considered to be internal users of accounting information?

• A) Employees and customers
• B) Customers and vendors
• C) Employees and managers
• D) Government and banks

---

Definitions:

Initial Investments

Initial investments refer to the upfront capital invested in starting a business or a project, encompassing costs such as machinery, equipment, and property.

After-Tax Discount Rate

The rate used to discount future cash flows to their present value, taking into account the impact of taxes.

Income Tax Rate

The portion of one's income that is handed over to the state as taxation.

Straight-Line Depreciation

A manner for allocating the expense of a material asset across its functional life in even yearly figures.