External users of financial reports need ________ measures of inventory and cost of goods sold.Internal users of financial reports need ________ cost information about products.
A) strategic; operational
B) operational; strategic
C) aggregate; detailed
D) detailed; aggregate

Question

Quizplus · Accepted Answer

External users, such as investors and creditors, require aggregate measures of inventory and cost of goods sold to assess the overall financial health of a company. Internal users, such as managers, need detailed cost information about products to make operational decisions, manage costs, and improve efficiency.

External Users of Financial Reports Need ________ Measures of Inventory