Question

Users of accounting are classified as under:

1. Internal users – Management, Investor, Creditor, Bank, Employees, Stock exchange.

2. External Users – Customers, Government, Researchers, Lenders.

Do you agree with this classification, if not correct it?

Answer 1

No,
1. Internal Users:

• Management
• Employees

2. External Users:

• Investors
• Creditors
• Bank
• Stock Exchange
• Government
• Customers
• Lenders
• Researchers