Identify given users as either external or internal users

Reference no: EM131527899

Question: 1. An important responsibility of many accounting professionals is to design and implement internal control procedures for organizations. Explain the purpose of internal control procedures. Provide two examples of internal controls applied by companies.

2. Identify the following users as either external users (E) or internal users (I).

a. Lenders

b. Controllers

c. Shareholders

d. Sales staff

e. FBI and IRS

f. Consumer group

g. Brokers

h. Suppliers

i. Customers

j. Managers

k. Business press

l. District attorney

Reference no: EM131527899

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