WAEC Financial Accounting 2010 Question 1

Question 1

Introduction to Accounting

Which of the following is not an external user of accounting information?

  1. A.Management
  2. B.Creditors
  3. C.Shareholders
  4. D.Government
Show the answer and explanation

Answer: A (Management)

Explanation

Management runs the business from inside; creditors, shareholders and government are outside users.