Examlex

Solved

Discuss Internal and External Users of Accounting Information

question 180

Essay

Discuss internal and external users of accounting information. What areas of accounting provide them with information? Give an example of the type of report each type of user might use.


Definitions:

Cost of Capital

The return rate that a company must earn on its projects to maintain its market value and attract funds.

Variable Cost

Costs that change in proportion to the level of production or sales, such as materials and labor.

Capacity

The maximum amount of work that an organization, system, or machine can produce in a given period.

Related Questions