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Question

Which of the following are internal users of accounting information?
  1. Board of directors
  2. Partners
  3. Managers
  4. All of the above

A
Board of directors
B
All of the above
C
Partners
D
Managers
Solution
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There are various agencies or stake holders interested to know about the accounting information. These stakeholders may be internal and external.
Accounts are prepared by the organization by following the compliance of various acts. Various agencies are interested to know about the accounts to ensure that organization is following the various laws applicable.

Board of directors, Partners and Mangers are considered as internal users.

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