Financial accounting serves external decision makers,such as suppliers,banks,government agencies,and stockholders.

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Financial accounting provides information to external decision makers who are not directly involved in the organization's day-to-day operations, such as suppliers, banks, government agencies, and stockholders. This information is used to assess the organization's financial health, make investment decisions, and monitor compliance with legal and regulatory requirements.

Financial Accounting Serves External Decision Makers,such as Suppliers,banks,government Agencies,and Stockholders