Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 1. the area of accounting that provides external u

1. The area of accounting that provides external users with information is called _____. a....

90.2K

Verified Solution

Question

Accounting

1. The area of accounting that provides external users with information is called _____.

a. managerial accounting

b. financial accounting

c. tax accounting

d. None of these choices are correct.

2. Which of the following is not a guideline of ethical conduct?

a. Identify an ethical decision using your personal ethical standards of honesty and fairness.

b. Identify the consequences of the decision and its effect on others.

c. Make a decision that is in the best interests of the company; other parties affected are not important.

d. None of these choices are correct.

3. Which organization has the overall authority with the accounting and financial disclosures for companies whose shares of ownership (stock) are traded and sold to the public?

a. FASB

b.SEC

c. IASB

d. GAAP

4. Which type of business is owned by one individual?

a.Corporation

b.Partnership

c.Proprietorship

d.Limited Liability Company (LLC)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students