Leondra works for a textbook publishing firm preparing budgets and reporting production costs.She works in the field of:

Question

Quizplus · Accepted Answer

Leondra's job responsibilities of preparing budgets and reporting production costs align with the field of managerial accounting, which involves providing financial information to internal users (such as managers) to support decision-making and planning. Financial accounting, on the other hand, focuses on preparing financial statements for external users (such as investors and creditors). Tax accounting involves preparing tax returns and ensuring compliance with tax laws, while auditing involves examining and verifying financial records for accuracy and compliance.

Leondra Works for a Textbook Publishing Firm Preparing Budgets and Reporting