Match the type of accounting information to the term that best describes it. Information prepared Information prepared
For suppliers' use for creditors' use
A) Managerial accounting Financial accounting
B) Managerial accounting Managerial accounting
C) Financial accounting Financial accounting
D) Financial accounting Managerial accounting

Question

Quizplus · Accepted Answer

Financial accounting information is prepared for external users, including suppliers and creditors, making option C the correct match. Managerial accounting is intended for internal use by management.

Match the Type of Accounting Information to the Term That