Internal users:
A)Need more frequent reports than external users
B)Need more frequent reports than external users and utilize nonfinancial information in the planning and control of operations
C)Need more frequent reports than external users and need the same reports as external users to manage the operation
D)Utilize nonfinancial information in the planning and control of operations

Question

Quizplus · Accepted Answer

Internal users, such as managers and employees, need more frequent reports than external users (such as investors and creditors) in order to make timely and informed decisions. Additionally, internal users often utilize nonfinancial information, such as customer feedback and employee productivity, in the planning and control of operations. Therefore, option B is the best choice as it covers both aspects.

Internal Users