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Chapter1: Accounting As A Tool For Managers
Section: Chapter Questions
Problem 10MC: Which of the following statements is incorrect? The practice of management accounting is fairly...
Related questions
Question
Private accounting as a sub-discipline of accounting, includes:
Select one:
a.
Tax consultancy
b.
Management accounting
c.
Management advisory services
d.
External auditing
Person who manages all of a firm's accounting activities.
Select one:
a.
Controller
b.
Accounting staff
c.
Payroll manager
The basic function of financial accounting is to
Select one:
a.
Record all business transactions
b.
Interpret financial data
c.
Assist the management in performing functions effectively
d.
No correct answer
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