The need for familiarity with accounting concepts is:
A)Limited to those planning a career in accounting.
B)Limited to those planning to pursue the CPA credential.
C)Universal for each and every career path.
D)Necessary for anyone entering the world of business.

Question

Quizplus · Accepted Answer

Familiarity with accounting concepts is necessary for anyone entering the world of business in order to understand how businesses operate financially, read financial statements, make informed financial decisions, and communicate with accountants and financial professionals. It is not just limited to those pursuing a career in accounting or the CPA credential.

The Need for Familiarity with Accounting Concepts Is