Those accountants who are hired by firms as salaried employees, and who specialize in areas such as financial planning, internal auditing, and taxation are called
A) forensic accountants.
B) certified management accountants.
C) private accountants.
D) certified public accountants.
E) fraud examiners.
Answer: C
Explanation: C) Large businesses employ specialized private accountants in such areas as budgeting, financial planning, internal auditing, payroll, and taxation. In small businesses, a single person may handle all accounting tasks.
You might also like to view...
A portfolio is made up of Stocks A, B, C, and D in the proportion of 20%, 30%, 25%, and 25% respectively. The nondiversifiable risks of the stocks as measured by their betas are 0.4, 1.2, 2.5, and 1.75 for Stock A, B, C, and D respectively. The expected returns of the stocks are 12%, 24%, 30%, and 28% respectively. Measure the beta of the portfolio.?
A. ?1.8 B. ?1.9 C. ?1.5 D. ?1.4 E. ?1.3
The weighted-average method of process costing differs from the FIFO method of process costing in that the weighted-average method:
A. will always yield a higher cost per equivalent unit. B. does not consider the degree of completion of beginning work in process inventory when computing equivalent units of production. C. considers ending work in process inventory to be fully complete. D. All of the choices are correct.
Your great aunt Zella invested $100 in 1925 in a portfolio of large U.S. stocks that earned a compound return of 10% annually.If she left that money to you, how much would be in the account 90 years later in 2015?
A. $1,000 B. $9,900 C. $531,302 D. $5,843,325
_______ is an example of an interenterprise information system.
A) Scheduling of groundskeeping B) Contact manager C) Ordering of restaurant supplies from suppliers D) Charging of membership fees