Raymond works for a manufacturing company in the accounting department. He is primarily responsible for the preparation of financial statements and reports that will be used by bankers, investors, creditors, and the government. Raymond is which type of accountant?
A) investment
B) managerial
C) financial
D) cost

Question

Quizplus · Accepted Answer

Raymond's responsibilities align with those of a financial accountant, who primarily focuses on the preparation of financial statements and reports for external stakeholders. Investment accountants focus on managing investments, managerial accountants focus on providing internal management with relevant financial information, and cost accountants focus on analyzing and controlling costs within an organization.

Raymond Works for a Manufacturing Company in the Accounting Department