_______ is devoted to providing information for external users.

Related MCQs

• A department makes a product whose contribution per unit is £1,000, and which takes 20 hours machine time. A component used in this product with a marginal cost of £300 (taking 5 hours of machine time) could be purchased from an external supplier. The department is working at full capacity. What is the maximum price that the company may pay to buy the component from an external supplier?
• Type of accounting which specialises in providing information about detailed cost of products?
• Financial accounting is primarily concerned with providing financial reports to all of the following EXCEPT
• External report use for _______________ .
• External analysis is based on ------------- financial statements
• While making make or buy decision under marginal costing, external purchase price of the articles must be compared with its
• The important objective of …………………..accounting is to organize the accumulated financial data into meaningful information.
• ……………………..accounting is the adoption and analysis of accounting information and its diagnosis and explanation in such a way so as to assist the decision -makers.
• __________ Accounting becomes a source of information for Management Accounting.
• Management Accounting is and financial accounting differ in that management accounting information is prepared –