1. Accounting is composed of processes. a. 6 b. 5 c. 4 d. 3

2. Which of the accounting processes comes first ahead of the others?
a. Interpreting b. Summarizing c. identifying d. Classifying

3. They are interested in the financial statements to determine the employer's stability and profitability
a. employees b. Lenders c. Customers d. Public

4. The manager of the company is an example of
a. Internal user b. External user c. a and b d. Investor

5. External users of accounting information need more detailed information than the management group a. True b. False c. Sometimes d. Never​