Answered: What is a benefit to a career in…

What is a benefit to a career in accounting? a. High salaries.b. Wide range of job opportunities.c. High demand for accounting graduates.d. All of these answer choices are correct.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter1: Accounting As A Tool For Managers

Section: Chapter Questions

Problem 10Q: Explain how having more than one of the accounting credentials would be beneficial to an accounting...

See similar textbooks

Related questions

Q: Below are possible career opportunities for those earning a degree in accounting. Indicate whether…

Q: Explain: Understanding the intentions of accounting students to pursue career as a professional…

A: Answer: There are wide variety of scope for accounting field. Accounting field students have career…

Q: . what are the duties and responsibilities of Accountant jobs?

A: Introduction:- Accountants paly a vital role in every organization. they are helps to businesses…

Q: Understand the intentions of accounting students on career as professional accountant .

A: Accounting has a wide range of applications. Accounting students can work as professional…

Q: What do you think is the greatest advantage of accounting professionals over those in other…

A: Accounting Professional: The accounting profession includes professionals who execute accounting…

Q: Describe which professional organization(s) would most likely be of greatest value to you if…

Q: Discuss the following: 1. All accountants are assumed at a minimum be proficient in the AIS user…

A: "Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: What are some of the benefits to obtaining a degree in accounting? What is the difference between a…

A: Accounting: Accounting is a system; or a process of collecting and organizing economic transactions,…

Q: “Knowledge of technical issues such as computer technology is a necessary but not sufficient…

A: Meaning of management Accounting:

Q: Indicate whether each of the following statements is true or false. 1. When designing an…

A: Answer 1 The statement is TRUE In order to design the accounting system, the designer needs to be…

Q: What have you learnt in a course relating to financial accounting?

A: Answer: 1) Financial Accounting: Financial accounting is the method of recording, summarizing and…

Q: BUS 505 (Accounting Principles) course relating to financial accounting?

A: Financial Accounting -:Financial Accounting is the procedure of documenting, outlining, and…

Q: accounting will help in your personal and professional life

A: Accounting is an often overlooked career, and yet it is a skill that’s used regularly in daily life.…

Q: List the four processes involved in making short-term decisions. At which stage of the process are…

A: Here is the answer:

Q: What are the possible careers for someone skilled enough in accounting information system

A: The accounting profession has evolved from simple tax preparation and bookkeeping to the advanced…

Q: Why shall accounting students need to study accounting theory? Choose one of accounting theories you…

A: Accounting theory means those theories which are used to study and in the application of accounts…

Q: The objective of Human resource accounting in the modern organizations is to____ a. Attract the…

A: The correct option is B. All of the given options

Q: ment accountants to foll

A: Internal financial operations are directed by managerial accountants, who also monitor costs, sales,…

Q: What is the best valuation that would help financial managers to achieve high quality accounting…

A: Accounting standards are the common set of principles, procedures, and standards. These standards…

Q: Which of the following is true of financial accounting, but not true of managerial accounting?…

A: The accounting is a process to identify the business transactions, record the transactions and…

Q: Explain why accounting students should study Accounting Information Systems?

A: “Since you have posted multiple questions, we will be solving the first question only. In order to…

Q: How might the job of an accountant be redesigned to make it more motivating?

A: Job redesign can be referred to as the process through various elements, processes, tasks and…

Q: n your own words, what does relevance mean to you? After tackling this topic, then research…

A: Relevance means the necessity of work at a specific point of time. Relevance means the work which we…

Q: is the approach favored by most accountants in value measuring and financial reporting. Select one:…

A: Fair value accounting: It is the concept of measuring the value of assets and liabilities at the…

Q: chnical study in institute of freelance

A: Accountants and bookkeepers no longer need to invest heavily in infrastructure. The startup costs…

Q: What are the top three skills in the given below that will be the most valuable in the Accounting?…

A: The top three skills that will be the most valuable in Accounting are: 1. Complex Problem Solving:…

Q: How you can contribute the Financial Accounting Department of this company if you are recruited?

A: Bookkeeping job you've been looking for. What's in store, but rather you realize you need to do your…

Q: Evaluating features of an effective accounting information system In Vogue, a T-shirt business, is…

A: Accounting information system: It is a process which collects data, processes the same into…

Q: the importance of accounting in economic activity, explaining its most important functions and the…

A: Accounting is the process of recording financial transactions pertaining to a business. The…

Q: How might the following business specialist use learning curves: Accountants, marketers, financial…

A: The learning curve is defined as visual representation of how long it takes to obtain new knowledge…

Q: The senior partner of an accounting firm is looking forways to increase the firm’s business. What…

A: While traditional accounting includes book keeping and balancing annual finances; An accounting firm…

Q: How one can help the Financial Accounting Department of a multinational company if he/she is hired?

A: Preparing financial statements, managing the general ledger, paying taxes, billing clients,…

Q: Which of the following can use financial concepts to improve their decisions? Multiple Choice…

A: Finance saturates whole business associations, giving direction to the company's long-term and…

Q: 1. Managerial accounting is a field of accounting that provides economic information for all…

A: Managerial accounting is the branch of accounting in which data is recorded, summarised and…

Q: how can the sucess of a business be measured ? propse additional methods or measures for espically…

A: The financial gains that come from commercial success are, of course, significant to many…

Q: If someone asked you now if you think accounting is important in our society, what will you say?

A: ANSWER ÷ yes Accounting is important in our society. It plays important role in running business for…

Q: Relevance versus Faithful RepresentationYou are listening to two accounting majors, both of whom are…

A: Accounting Informatiion:Accounting informatiion helps in measuring and communiicating economic…

Q: ow do managers use accounting in day-to-day operations? How have you used accounting in your work?…

A: Answer: Accounting is very basic concept and fundamental in any business. The basic of accounting is…

Q: Can you give me personal SWOT MATRIX ANALYSIS of a college student.

A: SWOT (strengths, weaknesses, opportunities, and threats) analysis is an important tool for strategic…

Q: Control Objectives for Information and Related Technology, Why is it important to you in your career…

A: Control Objectives for Information and Related Technology provides generic processes for the…

Question

What is a benefit to a career in accounting?
a. High salaries.
b. Wide range of job opportunities.
c. High demand for accounting graduates.
d. All of these answer choices are correct.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

What is business ethics? Is it possible to teach ethical behavior in a management accounting course?
Which of the following groups would have access to managerial accounting information? A. bankers B. investors C. competitors of the business D. managers
What are some of the benefits to obtaining a degree in accounting? What is the difference between a career in public accounting and private accounting? What are some of the traditional careers of accounting graduates? What new areas are accountants expanding into?
An accounting and finance career goal statement should be approximately one paragraph that describes the kind of position and field one would like to move into in the future. What industry does this person hope to find themselves in if they're career goal is to be in the accounting and finance field? What are the skills do they hope to utilize in this position?
A career goal statement should be approximately one paragraph that describes the kind of position and field one would like to move into in the future. What industry does this person hope to find themselves in if their career goal is to be in the tax accounting? What the skills do they hope to utilize in this position?
What is the role of accounting and accountants? Include answers to the following two questions in your explanation: What is the difference between financial and managerial accounting? What is the difference between public and private accounting? Provide specific examples from your experience and/or this week's readings to support your ideas.
Why shall accounting students need to study accounting theory? Choose one of accounting theories you have learned in ACC202 Accounting Theory, such as agency theory, an alternative accounting system, efficient market hypothesis, etc., reflect on what benefits you have obtained from learning this theory
What does someone at their stage of academic and professional development need to know about employment trends in accounting and finance? What information from the Department of Labor Employment employment trends data is most relevant for someone at their stage of academic and professional development in accounting and finance?
Why is managerial accounting relevant to accounting majors and their future careers?
Below are possible career opportunities for those earning a degree in accounting. Indicate whether the statement related to each career is true or false.(True/False) Someone earning a degree in accounting could pursue the following career:1. ________ Auditor2. ________ Tax preparer3. ________ Business consultant4. ________ Financial planner5. ________ Forensic investigator6. ________ Tax planner7. ________ Financial analyst8. ________ Information technology developer9. ________ Investment banker10. ________ Tax lawyer11. ________ FBI agent12. ________ Information risk manager
Which of the following can use financial concepts to improve their decisions? Multiple Choice A.) financial professionals only B.) financial and nonfinance professionals C.) day-to-day operations managers only D.) long-term operations managers only
What are the impacts of technology towards accounting? What is the role of technology in accounting practices? Has technology disrupted the accounting profession? Why should management accountants leverage technology? Cite and reference your work.