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WILYPlus Questions. 1.What are the three basic forms of business organizations? 2. Who are the internal users of accounting data? How does accounting provide relevant data to the internal users? 3.Who are the external users of accounting data? Give examples. 4.What are the three main types of business activity? Give examples of each activity. 5.Why is it important for financial statements to receive an unqualified auditor’s opinion? .

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WILYPlus Questions. 1.What are the three basic forms of business organizations? 2. Who are the internal users of accounting data? How does accounting provide relevant data to the internal users? 3.Who are the external users of accounting data? Give examples. 4.What are the three main types of business activity? Give examples of each activity. 5.Why is it important for financial statements to receive an unqualified auditor’s opinion?

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