The fact that Minnie spends most of her time measuring costs and checking to see if departments are staying within their budgets suggests that she is often involved in:
A)Auditing.
B)Managerial accounting.
C)Bookkeeping.
D)Departmental certification.

Question

Quizplus · Accepted Answer

Minnie is involved in managerial accounting, which involves analyzing financial information to help make business decisions and managing budgets to ensure departments stay within their financial limits. Auditing involves reviewing financial records to ensure accuracy and compliance, bookkeeping involves recording financial transactions, and departmental certification is not a commonly used term in accounting or finance.

The Fact That Minnie Spends Most of Her Time Measuring