An accountant can help a growing business in all of the following ways EXCEPT
A) setting up control systems for operations.
B) performing the day-to-day recording of transactions.
C) advising the entrepreneur on compliance with regulations related to financing and credit.
D) setting up control systems for the payroll.
E) setting up the company's books and maintaining them on a periodic basis.

Question

Quizplus · Accepted Answer

Accountants primarily focus on financial aspects such as bookkeeping, financial reporting, and tax compliance. Advising on compliance with regulations related to financing and credit often requires specialized legal expertise, which is beyond the typical scope of an accountant's responsibilities.

An Accountant Can Help a Growing Business in All of the Following