TC U15 Financial Roles and Responsibilities Quiz

Who is responsible for keeping accurate financial records in a business?

• Internal Auditor

• Accountant

• Management Accountant

• Financial Advisor

What is the primary role of a book-keeper?

• Analyzing financial statements

• Recording daily financial transactions

• Creating business strategies

• Conducting audits

Which professional prepares financial statements for external users?

• Financial Accountant

• Management Accountant

• Internal Auditor

• Book-keeper

Who is responsible for ensuring compliance within a company’s internal operations?

• External Auditor

• Internal Auditor

• Financial Accountant

• Book-keeper

Which type of auditor is independent and reviews financial statements for external accuracy?

• Internal Auditor

• Management Accountant

• External Auditor

• Book-keeper

Who provides financial insights to assist in management decision-making?

• Book-keeper

• Management Accountant

• Internal Auditor

• External Auditor

What is another name for an external auditor?

• Independent Auditor

• Internal Auditor

• Compliance Officer

• Financial Controller

Which professional is primarily responsible for maintaining the company’s general ledger?

• Accountant

• Financial Accountant

• Book-keeper

• Internal Auditor

Who is likely to prepare a report on the financial health of a company for shareholders?

• Internal Auditor

• Management Accountant

• Financial Accountant

• External Auditor

Which professional focuses on reducing waste and improving financial efficiency within a company?

• External Auditor

• Management Accountant

• Internal Auditor

• Book-keeper