Many accounting professionals work in one of the following three areas:
A. Managerial accounting
B. Financial accounting
C. Tax accounting
Identify the area of accounting that is most involved in each of the following responsibilities
_______ | 1. | Reviewing reports for SEC compliance. |
_______ | 2. | Planning transactions to minimize taxes. |
_______ | 3. | Investigating violations of tax laws. |
_______ | 4. | Preparing external financial statements. |
_______ | 5. | Budgeting. |
_______ | 6. | Cost accounting. |
_______ | 7. | External auditing. |
_______ | 8. | Internal auditing. |
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