
Understanding Specialized Accounting Fields
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Hard
Steven Bilello
Used 2+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a specialized area of accounting?
Financial Accounting
Managerial Accounting
Forensic Accounting
All of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which field would an accountant likely help detect financial fraud?
Tax Accounting
Forensic Accounting
Auditing
Payroll Accounting
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a primary responsibility of a tax accountant?
Calculating employee wages
Ensuring compliance with government tax regulations
Managing a company’s investments
Auditing financial statements
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these industries would need a cost accountant?
Manufacturing
Legal services
Hospitality
Agriculture
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Certified Public Accountant (CPA) is required for which of the following roles?
Preparing tax returns for individuals
Conducting external audits for public companies
Providing management consulting services
Working in internal bookkeeping
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following certifications is often pursued by management accountants?
CPA (Certified Public Accountant)
CMA (Certified Management Accountant)
CIA (Certified Internal Auditor)
CFA (Chartered Financial Analyst)
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main focus of managerial accounting?
Preparing financial statements for external users
Providing information for internal decision-making
Ensuring compliance with tax laws
Auditing financial records
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