The accountant may be responsible for any of the following EXCEPT
A) processing purchase orders and invoices.
B) analyzing the mix of current to fixed assets.
C) preparing the monthly income statement.
D) ensuring accounts payable are paid on time.

Question

Quizplus · Accepted Answer

Processing purchase orders and invoices, preparing the monthly income statement, and ensuring accounts payable are paid on time are all responsibilities typically assigned to accountants. However, analyzing the mix of current to fixed assets is more closely related to financial analysis and may fall within the responsibilities of a financial analyst or a different department altogether.

The Accountant May Be Responsible for Any of the Following