Accounting Careers and Certifications Quiz

What is accounting often referred to as in the context of business?

• The language of business

• The tool of management

• The basis of economics

• The rule of finance

What is the median salary for accountants in the U.S. as of 2020?

• $56,300

• $73,000

• $35,000

• Over $1 million

Which of the following is NOT one of the primary categories for accounting?

• Financial Accounting

• Managerial Accounting

• Tax Accounting

• Corporate Law

Which of the following is NOT one of the three broad categories of accounting roles?

• Public Accounting

• Private Accounting

• Fund Accounting

• Governmental Accounting

What is Public Accounting also referred to as?

• Internal accounting

• External accounting

• Governmental accounting

• Non-profit accounting

What services do public accounting firms provide besides preparing and reviewing financial information?

• Legal and compliance services

• Tax and consulting services

• Human resources and recruitment services

• Marketing and advertising services

Which of the following firms is NOT one of the "Big Four" accounting firms?

• Deloitte

• Ernst and Young (EY)

• PricewaterhouseCoopers (PwC)

• Bain & Company

What do the "Big Four" accounting firms primarily review or audit in the United States?

• Private companies' financial information

• Public companies' financial information

• Governmental financial records

• Non-profit organizations' financial statements

What is Private Accounting also referred to as?

• External accounting

• Internal accounting

• Public accounting

• Fund accounting

Which of the following is NOT a job example in private accounting?

• CFO

• Controller

• Accounts Receivable Clerk

• Accounts Payable Clerk