ASSESSMENT

PREPARE ½
CROSSWISE
IDENTIFY WHAT
BRANCH OF
ACCOUNTING THE
FOLLOWING
SCENARIOS INCLUDE.
QUESTION 1

CONDUCTING
LECTURES ON
ACCOUNTING JOB
QUESTION 2

REPORT ON THE TOTAL

COST OF MATERIALS &
LABOR USED IN
PRODUCTION.
QUESTION 3

REPORT ON THE
SPENDING OF
GOVERMET FUNDS.
QUESTION 4

EVALUATION OF THE
PERFORMANCE OF
SALES DEPARTMENT.
QUESTION 5

REVIEW TAX
COMPLIANCE OF THE
BUSINESS.
QUESTION 6

DISCUSSIONS ABOUT
ACCOUNTING
SUBJECT.
QUESTION 7

PREPARING ANNUAL
FINANCIAL
STATEMENTS FOR A
CORPORATION.
QUESTION 8

HELP SET SELLING

PRICE OF THE
PRODUCT.
QUESTION 9

CALCULATING AND
FILING INCOME TAX
RETURNS FOR
INDIVIDUALS AND
BUSINESSES.
QUESTION 10

REVIEWING FINANCIAL
RECORDS TO ENSURE
COMPLIANCE WITH LAWS
AND REGULATIONS.
QUESTION 11

MANAGING THE
FINANCIAL RESOURCES
OF A GOVERNMENT
ENTITY.
QUESTION 12

PROVIDING FINANCIAL
INFORMATION TO AID IN
DECISION-MAKING
WITHIN AN
ORGANIZATION.
QUESTION 13

CREATING INCOME
STATEMENTS, BALANCE
SHEETS, AND CASH FLOW
STATEMENTS.
QUESTION 14

ESTABLISHING STANDARD
COSTS FOR MATERIALS,
LABOR, AND OVERHEAD
TO COMPARE WITH
ACTUAL COSTS.
QUESTION 15

REVIEWING AND
VERIFYING FINANCIAL
DATA FOR ACCURACY AND
COMPLIANCE.
QUESTION 16

ANALYZING FINANCIAL
RATIOS AND TRENDS TO
ASSESS THE COMPANY'S
PERFORMANCE.
QUESTION 17

CREATING BUDGETS TO
PLAN AND CONTROL THE
COMPANY'S FINANCIAL
RESOURCES.
QUESTION 18

DETERMINING THE COST

OF GOODS SOLD AND
ENDING INVENTORY
USING VARIOUS COSTING
METHODS.
QUESTION 19

COMMUNICATING
FINANCIAL INFORMATION
TO STAKEHOLDERS SUCH
AS INVESTORS AND
CREDITORS.
QUESTION 20

MONITORING AND
MANAGING COSTS TO
ENSURE THEY ALIGN
WITH BUDGETED
AMOUNTS AND COMPANY
GOALS.
QUESTION 21

PROVIDING FINANCIAL
DATA AND ANALYSIS TO
AID IN DECISION-MAKING
BY MANAGERS.
QUESTION 22

INVESTIGATING
FINANCIAL
IRREGULARITIES AND
POTENTIAL FRAUD
WITHIN AN
ORGANIZATION.
QUESTION 23

ENSURING ACCURATE
AND TIMELY FILING OF
TAX RETURNS IN
COMPLIANCE WITH TAX
LAWS AND REGULATIONS.
QUESTION 24

OFFERING CONTINUING
EDUCATION PROGRAMS FOR
ACCOUNTING PROFESSIONALS
TO STAY UPDATED ON
INDUSTRY TRENDS AND
REGULATIONS.
QUESTION 25

CONDUCTING RESEARCH ON
FINANCIAL MARKET TRENDS
AND THEIR IMPLICATIONS
FOR ACCOUNTING
PRACTICES AND
REGULATIONS.
EXCHANGE YOUR
PAPER CLOCKWISE
QUESTION 1

CONDUCTING
LECTURES ON
ACCOUNTING JOB
ACCOUNTING
EDUCATION
QUESTION 2

REPORT ON THE TOTAL

COST OF MATERIALS &
LABOR USED IN
PRODUCTION.
COST ACCOUNTING
QUESTION 3

REPORT ON THE
SPENDING OF
GOVERMET FUNDS.
GOVERNMENT
ACCOUNTING
QUESTION 4

EVALUATION OF THE
PERFORMANCE OF
SALES DEPARTMENT.
MANAGEMENT
ACCOUNTING
QUESTION 5

REVIEW TAX
COMPLIANCE OF THE
BUSINESS.
TAX ACCOUNTING
QUESTION 6

DISCUSSIONS ABOUT
ACCOUNTING
SUBJECT.
ACCOUNTING
EDUCATION
QUESTION 7

PREPARING ANNUAL
FINANCIAL
STATEMENTS FOR A
CORPORATION.
FINANCIAL
ACCOUNTING
QUESTION 8

HELP SET SELLING

PRICE OF THE
PRODUCT.
COST ACCOUNTING
QUESTION 9

CALCULATING AND
FILING INCOME TAX
RETURNS FOR
INDIVIDUALS AND
BUSINESSES.
TAX ACCOUNTING
QUESTION 10

REVIEWING FINANCIAL
RECORDS TO ENSURE
COMPLIANCE WITH LAWS
AND REGULATIONS.
AUDITING
QUESTION 11

MANAGING THE
FINANCIAL RESOURCES
OF A GOVERNMENT
ENTITY.
GOVERNMENT
ACCOUNTING
QUESTION 12

PROVIDING FINANCIAL
INFORMATION TO AID IN
DECISION-MAKING
WITHIN AN
ORGANIZATION.
MANAGEMENT
ACCOUNTING
QUESTION 13

CREATING INCOME
STATEMENTS, BALANCE
SHEETS, AND CASH FLOW
STATEMENTS.
FINANCIAL
ACCOUNTING
QUESTION 14

ESTABLISHING STANDARD
COSTS FOR MATERIALS,
LABOR, AND OVERHEAD
TO COMPARE WITH
ACTUAL COSTS.
COST
ACCOUNTING
QUESTION 15

REVIEWING AND
VERIFYING FINANCIAL
DATA FOR ACCURACY AND
COMPLIANCE.
AUDITING
QUESTION 16

ANALYZING FINANCIAL
RATIOS AND TRENDS TO
ASSESS THE COMPANY'S
PERFORMANCE.
FINANCIAL
ACCOUNTING
QUESTION 17

CREATING BUDGETS TO
PLAN AND CONTROL THE
COMPANY'S FINANCIAL
RESOURCES.
MANAGEMENT
ACCOUNTING
QUESTION 18

DETERMINING THE COST

OF GOODS SOLD AND
ENDING INVENTORY
USING VARIOUS COSTING
METHODS.
COST
ACCOUNTING
QUESTION 19

COMMUNICATING
FINANCIAL INFORMATION
TO STAKEHOLDERS SUCH
AS INVESTORS AND
CREDITORS.
FINANCIAL
ACCOUNTING
QUESTION 20

MONITORING AND
MANAGING COSTS TO
ENSURE THEY ALIGN
WITH BUDGETED
AMOUNTS AND COMPANY
GOALS.
COST
ACCOUNTING
QUESTION 21

PROVIDING FINANCIAL
DATA AND ANALYSIS TO
AID IN DECISION-MAKING
BY MANAGERS.
MANAGEMENT
ACCOUNTING
QUESTION 22

INVESTIGATING
FINANCIAL
IRREGULARITIES AND
POTENTIAL FRAUD
WITHIN AN
ORGANIZATION.
AUDITING
QUESTION 23

ENSURING ACCURATE
AND TIMELY FILING OF
TAX RETURNS IN
COMPLIANCE WITH TAX
LAWS AND REGULATIONS.
TAX ACCOUNTING
QUESTION 24

OFFERING CONTINUING
EDUCATION PROGRAMS FOR
ACCOUNTING PROFESSIONALS
TO STAY UPDATED ON
INDUSTRY TRENDS AND
REGULATIONS.
ACCOUNTING
EDUCATION
QUESTION 25

CONDUCTING RESEARCH ON
FINANCIAL MARKET TRENDS
AND THEIR IMPLICATIONS
FOR ACCOUNTING
PRACTICES AND
REGULATIONS.
ACCOUNTING
RESEARCH