CBSE · Class 11 · Accountancy · Introduction to AccountingWhich of the following is NOT an external user of accounting information?
Step-by-Step Solution
Employees are internal users (or sometimes considered part of internal stakeholders depending on context, but management is definitely internal). Among the given options, management is an internal user, whereas lenders, customers, and tax authorities are external users.
Detailed Options Breakdown
Option : Management (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 1: Bankers
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Introduction to Accounting.
Option 2: Tax Authorities
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Introduction to Accounting.
Option 3: Customers
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Introduction to Accounting.
💡 Study Guide: This question tests core syllabus concepts from Introduction to Accounting. For formulas, key summaries, and mock exam reference guides, read the full Introduction to Accounting Revision Notes.