(04-12-23) Users of Accounting

All are internal users except:

• Stockholders

• Prospective owners

• Managers

All are external users except:

• Managers

• Employees

• Customers

All are users with indirect financial interest except:

• Government

• Investors

• Customers

All are advantages of cooperative except:

• Tax benefits

• Economic benefits

• Higher debt risk

Which of the following enjoy limited liability?

• Sole proprietorship

• Partnership

• Corporation

• Cooperative