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NECO Accounting 2023 Objective — Question 1

Question 1 of 50 from the National Examinations Council (NECO) Accounting 2023 Objective paper, with the correct answer and a full explanation.

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One of the internal users of accounting information is the (a) government (b) management (c) creditors (d) investors

  • A. government
  • B. managementCorrect
  • C. creditors
  • D. investors

Explanation

Management runs day-to-day operations and needs accounting information for pricing, production and marketing decisions, making it an internal user.

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