Quiz 1: Accounting: the Language of Business
Generally accepted accounting ____________________ are financial accounting standards that are changed and refined in response to changes in the environment in which businesses operate.
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Tax accounting is a service offered by public accounting firms that involves tax ____________________ and tax planning.
The owners of a corporation are called ___________________.
Which of the following is NOT an area in which accountants usually practice? A) Public Accounting B) Industrial Accounting C) Governmental Accounting D) Managerial (Private)Accounting
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