Match the following terms to the appropriate statement. Some terms may be used more than once and some terms may not be used at all.

Budget Managerial

Creditors Managers

Controlling Planning

Financial Stockholders


a. Accounting systems that must follow GAAP.

b. External parties for whom financial accounting reports are prepared.

c. The role managers play when they are comparing the company's actual results with the planned results.

d. Internal decision makers.

e. Accounting system that provides information on a company's past performance.

f. Accounting system not restricted by GAAP but chosen by comparing the costs versus the benefits of the system.

g. The management function that involves choosing goals and the means to achieve them.