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The future of Accounting

Total questions: 14

Worksheet time: 5mins

Name
Class
Date
1.
  1. 1 There is a growing demand for accountants to check the work of auditors.

a)

F

b)

T

2.

2 Accountants are required to work very strict schedules.

a)

F

b)

T

3.

3 Accountants help attorneys and other professionals in the legal field.

a)

F

b)

T

4.

tasks in which accountants offer their professional opinion

a)

merger

b)

litigation support

c)

attest services

d)

flex location

e)

flextime

5.

the ability to work any schedule

a)

acquisition

b)

flex location

c)

merger

d)

flextime

e)

attest services

6.

accounting services within the legal profession

a)

litigation support

b)

attest services

c)

merger

d)

flextime

e)

flex location

7.

a joining of companies

a)

acquisition

b)

litigation support

c)

flex location

d)

merger

e)

attest

8.

a takeover of one company by another

a)

acquisition

b)

litigation support

c)

flex location

d)

merger

e)

flextime

9.

the ability to work anywhere

a)

litigation support

b)

merger

c)

flextime

d)

acquisition

e)

flex location

10.

Before moving ahead with the merger, have a CPA perform a (n)...

a)

risk assessment

b)

services-based economy

c)

public practice

d)

audit opinion

e)

electronic commerce

11.

The accountant reviewed all the books and is ready to give her...

a)

risk assessment

b)

services-based economy

c)

public practice

d)

audit opinion

e)

electronic commerce

12.

In a(n) ..., knowledge is the most important asset an individual can have.

a)

electronic commerce

b)

public practice

c)

audit opinion

d)

risk assessment

e)

services-based economy

13.

Most accountants still work in ... jobs like tax preparetion.

a)

services-based economy

b)

public practice

c)

audit opinion

d)

electronic commerce

e)

risk assessment

14.

The Internet has created a whole new market of ...

a)

audit opinion

b)

risk assessment

c)

electronic commerce

d)

public practice

e)

services-based economy