Many accounting professionals work in one of the following areas: a. Financial accounting b. Managerial accounting c.
Question:
Many accounting professionals work in one of the following areas:
a. Financial accounting
b. Managerial accounting
c. Taxation accounting
d. Other accounting related activities
For each of the following responsibilities, identify the area of accounting that most likely involves that responsibility
__________ 1. Cost accounting
__________ 2. Budgeting
__________ 3. Internal auditing
__________ 4. Preparing financial statements
__________ 5. Accounting consultation
__________ 6. Investigating violations of tax laws
__________ 7. Insurance appraising
__________ 8. Reviewing cost data per unit produced
__________ 9. Preparing tax returns
__________ 10. Reviewing financial statements for loan requirements
Step by Step Answer:
College Accounting A Practical Approach
ISBN: 9780135222416
14th Canadian Edition
Authors: Jeffrey Slater, Debra Good