Part A. Identify the following users of accounting information as either an internal (I) or an external (E) user. 1. Shareholders
2. Creditors
3. Nonexecutive employee
4. Research and development director
5. Purchasing manager
6. Human resources director
7. Production supervisors
8. Distribution managers
Part B. Identify the following questions as most likely to be asked by an internal (I) or an external (E) user of accounting information.
1. What are the costs of our service to customers?
2. Should we make a five-year loan to that business?
3. Should we spend further research on our product?
4. Do income levels justify the current stock price?
5. What are reasonable payroll benefits and wages?
6. Which firm reports the highest sales and income?
7. What are the costs of our productâs ingredients?

Part A

1. Shareholders

Identification: External user

2. Creditors

Identification: External user

3. Non-executive employee

Identification: External user

4. Research and development director

Identification: Internal user

5. Purchasing manager

Identification: Internal user

6. Human resources director

Identification: Internal user

7. Production supervisors

Identification: Internal user

8. Distribution managers

Identification: Internal user

Part B

1. What are the costs of our service to customers?

Identification: Internal user

2. Should we make a five-year loan to that business?

Identification: External user

3. Should we spend further research on our product?

Identification: Internal user

4. Do income levels justify the current stock price?

Identification: External user

5. What are reasonable payroll benefits and wages?

Identification: Internal user

6. Which firm reports the highest sales and income?

Identification: External user

7. What are the costs of our productâs ingredients?

Identification: Internal user

d, conspicuous consumption is when you try to increase your wealth or social status (and in the case he's trying to create the perception of wealth considering he can't really afford it)

answerup to (3) three years;