Principles of Accounting Volume 1
19th Edition
ISBN: 9781947172685
Author: OpenStax
Publisher: OpenStax College
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Which of the following skills/attributes is not a primary skill for accountants to possess?
written communication
verbal communication
ability to work independently
analytical thinking
extensive computer programing background
Which of the following skills/attributes is not a primary skill for accountants to possess?
A. written communication
B. extensive computer programming background
C. Verbal communication
D. ability to work independently
Discuss the following:
1. All accountants are assumed at a minimum be proficient in the AIS user role and at least one other role like (manager or designer or evaluator). Why they expect this proficiency from the accountants?
2. What is the significant contribution of the Accounting Information System in the business value chain?
Chapter 1 Solutions
Principles of Accounting Volume 1
Ch. 1 - Accounting is sometimes called the language of...Ch. 1 - Financial accounting information ________. A....Ch. 1 - External users of financial accounting information...Ch. 1 - Which of the following groups would have access to...Ch. 1 - All of the following are examples of managerial...Ch. 1 - Which of the following is not true? A....Ch. 1 - The primary purpose of what type of business is to...Ch. 1 - Which of the following is not an example of a...Ch. 1 - A governmental agency can best be described by...Ch. 1 - Which of the following is likely not a type of...
Ch. 1 - Which of the following is not considered a...Ch. 1 - Stockholders can best be defined as which of the...Ch. 1 - Which of the following sell stock on an organized...Ch. 1 - All of the following are sustainable methods...Ch. 1 - The accounting information of a privately held...Ch. 1 - Which of the following skills/attributes is not a...Ch. 1 - Which of the following is typically required for...Ch. 1 - Typical accounting tasks include all of the...Ch. 1 - What type of organization primarily offers tax...Ch. 1 - Most states require 150 semester hours of college...Ch. 1 - Research your top five career choices. Identify...Ch. 1 - Using the same top five career choices, identify...Ch. 1 - Think about a recent purchase you made. Describe...Ch. 1 - Computerized accounting systems help businesses...Ch. 1 - The following information was taken from the...Ch. 1 - The following chart shows the price of Netflix...Ch. 1 - Use the internet to research one for-profit, one...Ch. 1 - Use the internet to research one manufacturing,...Ch. 1 - Assume you are considering opening a retail...Ch. 1 - Uber and Lyft are two popular ride-sharing...Ch. 1 - How would you categorize or classify a company...Ch. 1 - Charity Navigator...Ch. 1 - Use the internet to visit the Securities and...Ch. 1 - Imagine that you have just been elected president...Ch. 1 - According to a company press release, on January...Ch. 1 - The Dow Jones Industrial Average (DJIA) is often...Ch. 1 - Many professional certifications now have...Ch. 1 - The Certified Public Accountant (CPA) exam is a...
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Similar questions
- Which of the following is least likely to be an accountant’s role in the SDLC? a. user b. consultant c. auditor d. programmer e. all of these are likely rolesarrow_forwardDescribe which professional organization(s) would most likely be of greatest value to you if yourposition involved each of the following independent roles:a. Accounting educator.b. Management accountant.c. Certified public accountant.arrow_forwardHow does computerized accounting information systems affect an accounting professional’s ethical and legal obligations?arrow_forward
- What are the ethical responsibilities ofmanagement accountants?arrow_forwardWhen an accountant serves the needs of internal users, generally works for one organization, and prepares specialized reports to assist in decision making, that accountant is engaged in: Select one: a. financial accounting b. managerial accounting c. consulting d. none of the choicesarrow_forwardEthical challenges for management accountants includearrow_forward
- Describe the role of professional judgment in ethical leadership as it pertains to accountants and auditors.arrow_forwardWhich of the following is NOT a technical competency that a managerial accountant needs to possess? Question 6 options: Technology Tax return preparation Decision Analysis Internal Controlsarrow_forwardWhat is business ethics? Is it possible to teach ethical behavior in a management accounting course?arrow_forward
- Which of the following groups would have access to managerial accounting information? A. bankers B. investors C. competitors of the business D. managersarrow_forwardAccounting educators are discussing ways to incorporate communication skills, both oral and written,into accounting information systems courses. Why do you think these skills are supposed to be crucial forproper execution of the System Development Life Cycle?arrow_forward1. Describe cost management and explain how it differs from financial accounting. 2 Identify factors and trends affecting the use of cost management. 3 Describe how management accountants function within an organization. 4 Understand the importance of ethical behavior for management accountants. 5 Identify the three forms of certification available to internal accountants.arrow_forward
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