In: Operations Management
1)Liam is a public accountant who works for an auditing firm. He
likes to tell people that he is as much a detective as he is an
accountant because his job involves analyzing financial documents
for fraudulent entries and financial misconduct. Based on this
scenario, what type of accountant is Liam? Multiple Choice :
an actuarial accountant ;a project accountant; a managerial
accountant; a forensic accountant ;an auditory accountant
?2)
Natalie is an accountant whose primary job responsibilities involve analyzing fraudulent entries in financial statements and rooting out evidence of "cooked books" for federal agencies. According to this information, Natalie is most likely to be a(n) _____ accountant.
Multiple Choice
fund
environmental
social
project
forensic
?3)
Marshall is a controller at a large corporation. He is deeply involved in the important financial decisions of the company, and his main role is preparing and analyzing the company's financial statements. Based on this scenario, what type of accountant is Marshall?
Multiple Choice
a certified public accountant
a private accountant
a certified management accountant
a forensic accountant
a certified fraud examiner
4)Natalie is an accountant whose primary job responsibilities
involve analyzing fraudulent entries in financial statements and
rooting out evidence of "cooked books" for federal agencies.
According to this information, Natalie is most likely to be a(n)
_____ accountant. Multiple Choice fund environmental social project
forensic
5)In the context of accounting, _____ are responsible for obtaining
and recording the information that accountants require to analyze a
firm's financial position. Multiple Choice workers stockholders
bookkeepers creditors debtors
Answer:-
1) a forensic accountant
Explanation:- Forensic accounting is an accounting that is fit for legal review. It involves analyzing financial documents in search of fraudulent entries or financial misconduct (detectives as accountants, basically).
2) forensic
Explanation:- Forensic accounting is an accounting that is fit for legal review. It involves analyzing financial documents in search of fraudulent entries or financial misconduct (detectives as accountants, basically).
3) a certified public accountant
This is because a certified public accountant deals with preparing and analyzing the company's financial statements and making important financial decisions.
4)forensic
Forensic accountants are involved in analyzing and discovering any fraudulent entries that have been committed in financial statements and rooting out evidence
5)bookkeepers
Bookkeepers perform the function of collecting,analyzing and storing important information that is required in preparation of financial statements.