Petra is the chief executive of a logistics company. She reviews her company's financial statements and further expansion plans. How would you categorize Petra?

Explanation: Accounting is divided into two parts

Part 1: Financial Accounting: The financial accounting relates to the preparation of the balance sheet and other financial statements like balance sheet, profit and loss account and cash flow. The primary users are creditors, investors for these financial statements.

Part 2: Managerial Accounting: The managerial accounting provides information about economic and financial information for managers and other internal users. They are more flexible as is required for management decision making. The primary users are employees, chief executive officers, and company's managers.

Petra is a chief executive officer of logistics department, hence falls into managerial accounting users.

Clarification: Accounting is separated into two sections

Section 1: Financial Accounting: The monetary bookkeeping identifies with the planning of the asset report and other fiscal summaries like accounting report, benefit and misfortune record and income. The essential clients are leasers, speculators for these fiscal summaries.

Section 2: Managerial Accounting: The administrative bookkeeping gives data about monetary and money related data for supervisors and other inward clients. They are more adaptable as is required for the board basic leadership. The essential clients are workers, CEOs, and friends' administrators.

Petra is a CEO of coordinations division, consequently falls into administrative bookkeeping clients.