Explain the Term SES, Including Four Components of SES

question 134

Essay

Explain the term SES, including four components of SES.

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Definitions:

External User

Individuals or entities outside of a company who use its financial information, such as investors, creditors, and regulatory agencies.

Federal Government

The national government of a federal country, which holds the authority to govern matters that affect the country as a whole.

Managerial Accounting

The process of identifying, measuring, analyzing, and interpreting accounting information for internal use by management for planning, decision making, and control.

External Users

Individuals or entities outside of a company (such as investors, creditors, and regulators) who use its financial statements and reports for decision-making purposes.