Which of the following statements about the accounting profession is true?
A)Most CPAs first work for public accounting firms and later become private accountants or financial managers.
B)Managerial accountants become a certified management accountant when they meet the requirements of the professional certification program.
C)Public accountants serve individuals and organizations on a fee basis.
D)Private accountants are also called corporate accountants.
E)All of the above statement about the accounting profession are true.

Question

Quizplus · Accepted Answer

Each statement accurately describes aspects of the accounting profession. A) describes a common career path for CPAs. B) outlines the process for managerial accountants to become certified. C) defines the role of public accountants. D) provides an alternative name for private accountants.

Which of the Following Statements About the Accounting Profession Is