Identify each of the following as either internal or external users of accounting information.
Definitions:
Level of Intangibility
A characteristic of services describing the extent to which they cannot be seen, touched, or possessed physically, impacting how they are marketed and sold.
Advertising Agency
An Advertising Agency is a service-based business dedicated to creating, planning, and handling advertising (and sometimes other forms of promotion) for its clients.
Tutoring Service
A service that provides individualized or group teaching outside of the traditional educational institutions to enhance understanding in specific subjects.
Inventory Carrying Costs
The total costs associated with holding inventory, including storage, insurance, taxes, opportunity costs, and depreciation.
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