mechanical aspect of accounting
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter9: Auditing The Revenue Cycle.
Section: Chapter Questions
Problem 4CYBK
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Question
Which of the following is a mechanical aspect of accounting?
Select one:
a.
Analyzing the transactions preparatory to the recording process
b.
Designing the accounting system
c.
Reviewing the effectiveness of the internal control procedures
d.
Preparation of the financial budget
Which of the following statement is not true?
Select one:
a.
A non-accounting graduate may work as a bookkeeper or accountant of a business enterprise.
b.
A non-CPA may be engaged in public accounting.
c.
To be a good accountant, one must have mastery of mathematics.
d.
A non-CPA may be the chief accountant of a business enterprise.
The area of accounting that relates to providing audit, tax, and consulting services to clients.
Select one:
a.
General managers
b.
Public accounting
c.
Incorporators
d.
Private accounting
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