The Role of Accountants and Accounting Information Test Bank
This test bank contains around 138 questions such as Multiple-Choice Questions, Scenario Questions and Art Questions.
Test Bank The Role of Accountants and Accounting Information will help you to assess following learning objectives of students:
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Explain the role of accountants in business and distinguish among the kinds of work done by public accountants, private accountants, management accountants, and forensic accountants.
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Explain the accounting equation and how it is used.
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Describe the three basic financial statements and show how they reflect the activity and financial condition of a business.
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Explain the key standards and principles for compiling and reporting financial statements.
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Describe how computing financial ratios can help investors and other stakeholders to get more information from financial statements to determine the financial strengths of a business.
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Discuss the role of ethics in accounting.
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Describe the purpose of the International Accounting Standards Board and explain why it exists.
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