Accounting Principles and Practices Quiz

Analyzing information for internal use by management

Measuring an organization's economic activities

Recording financial transactions for summaries

Reporting an organization's financial information to external users (correct)

Customers, suppliers, and employees

Government agencies, competitors, and shareholders

Investors, creditors, management, and regulators (correct)

Financial analysts, auditors, and tax authorities

Recording financial transactions for summaries

Preparation of financial statements for external users

Measurement, analysis, and reporting of information for internal use by management (correct)

Conveying information to investors, creditors, and regulators

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