Questions

BACC011 Week 1: Practice Quiz

Matching

This week you looked at the different types of accounting jobs. In this activity match the description of the work to the job title. 1: Prepares accounting information for external stakeholders. 2: Prepares accounting information for internal stakeholders. 3: An independent accountant who checks company financial statements. 4: Prepares and uses accounting information to provide advice. 5: Prepares tax reports.

Options

A.Business advisor.

B.Auditor.

C.Tax accountant.

D.Financial accounting.

E.Management accounting.

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Step-by-Step Analysis

The task presents five descriptions of accounting-related work and five job titles to match them to. I'll go description by description and evaluate how each option fits. 1) Description: Prepares accounting information for external stakeholders. - Business advisor: This role focuses on providing strategic guidance and recommendations to business partners, rather than primarily preparing external financial statements. So this is not the best fit for external-stakeholder accounting information. - Auditor: An independent professional who examines and verifies financial statements for accuracy and compliance. While related to external reporting, the description centers on verification, not initial preparation of information. - Tax accountant: Specializes in tax-related filings and co......Login to view full explanation

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