Exercises 1-7

Question 1

Accounting is the information system that :
A) Measures business activities
B) Communicates the results to the decision makers
C) Processes information into reports
D) All the above

Answer 1

D

Question 2

Which of the following is not an external user of a businesses' financial information:
A) Taxing authorities 
B) Customers
C) Employer
D) Investors

Answer 2

C