Accountancy, asked by madee8990, 11 months ago

How the accounting information is useful to various parties?

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Answered by saloni3115
0

Accounting information is presented to internal users usually in the form of management accounts, budgets, forecasts and financial statement. ... Terms of credit are set by creditors according to the assessment of their customers' financial health. Creditors include suppliers as well as lenders of finance such as banks

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