Accounting Related Careers 1.2.2

Accountants must have strong _____ to visualize, communicate, and solve both complex and uncomplicated problems.

• analytical skills

• math skills

• organizational skills

• communication skills

Which of the following is a specialized field in accounting?

• math accounting

• not-for-profit accounting

• certified public accountant

• Internal Revenue Service

Which of the following is true about certified public accountants (CPAs)?

• CPAs only work in the private sector

• CPAs only work in the public sector

• CPAs work for government agencies and corporations

• CPAs work for small businesses but not large businesses

​Which of the following is one of the basic functions of government accountants?

• Government accountants keep track of how government agencies use taxpayers' money.

• Government accountants file tax returns for government agencies.

• ​Government accountants purchase equipment for Congress.

• Government accountants create business laws and regulations.

​What was the main purpose of the Sarbanes-Oxley Act?

• ​To create jobs for accountants

• ​To increase tax revenue for the government

• ​To increase competition in the accounting industry

• ​To protect investors from fraud and false financial reporting

Outside of the United States, many countries use _____ for their accounting standard.

• ​generally accepted accounting practices

• ​the International Financial Reporting Standards

• the international agreement on taxes and tariffs

• ​the Common Market accounting methods

The _____ is the senior manager who is responsible for the overall financial health of a company.

• controller

• chief operating officer

• chief financial officer

• treasurer

Which of the following describes a public accountant?

• ​Damian is an auditor for an international manufacturing company.

• Jorge is a senior accountant at a nonprofit organization

• ​Chris is a fraud investigator for the Government Accountability Office.

• ​Natalie prepares and files taxes for individuals.

A government accountant would likely work for _____.

• the IRS

• a large corporation

• a nonprofit organization

• a small business

​A forensic accountant is similar to a(n) _____ because they both work to combat accounting fraud

• international accountant

• auditor

• general ledger accountant

• certified public accountant