ECONOMICS

Detailed explanation-1: -Examples of internal users are owners, managers, and employees. External users are people outside the business entity (organization) who use accounting information. Examples of external users are suppliers, banks, customers, investors, potential investors, and tax authorities.

Detailed explanation-2: -Suppliers, creditors, and public groups are all considered external stakeholders.

Detailed explanation-3: -Users of accounting information are internal and external. External users are creditors, investors, government, trading partners, regulatory agencies, international standardization agencies, journalists and internal users are owners, directors, managers, employees of the company.

Detailed explanation-4: -Board of directors, Partners and Mangers are considered as internal users.