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- Management Accounting in Organizationaccounting-mcqs › cost-accounting-mcqs › management-accounting-in-organization
- Published
- 11 May 2023
- Last updated
- 28 May 2026
In financial accounting, which group includes investors, banks, suppliers, and government agencies?
Multiple choice question for Management Accounting in Organization. Select an option, then review the explanation below.
Explanation
The correct answer is external parties because investors, banks, suppliers, and government agencies are outside the organization but have an interest in its financial information. Internal parties refer to individuals within the organization, environmental groups relate to ecological concerns, and transactional entities is not a standard classification in accounting.
More Management Accounting in Organization MCQs
Practice related questions from the same subject.
- 1.What is the main objective of financial accounting?
- 2.What term describes the ongoing effort to lower the selling price of products?
- 3.Which process involves executing planned decisions and assessing their outcomes?
- 4.Within the value chain framework, which activity involves advertising and selling products to potential buyers?
- 5.Which category includes human resource management, IT management, and management accountants?