Janice is an accountant in a public relations firm. She prepares financial reports upon request by the management of the firm and does not stick to a predetermined schedule. The reports that she prepares mainly help the internal stakeholders of the firm. Given this information, it can be said that Janice performs _____.
A) financial accounting
B) managerial accounting
C) governmental accounting
D) forensic accounting

Question

Quizplus · Accepted Answer

Janice performs managerial accounting as she prepares financial reports for internal stakeholders and does not follow a predetermined schedule, which is typical of managerial accounting.

Janice Is an Accountant in a Public Relations Firm