Complete the following using the terms listed below.
-A (n) ______ demonstrates his or her accounting knowledge by meeting provincial requirements for education and experience, as well as successfully completing a number of rigorous tests in accounting theory and practice, auditing, law, finance, strategy, and taxation.
A)Chartered Professional Accountant
B)International Financial Reporting Standards
C)Asset
D)Liability
E)owners' equity
F)accounting equation
G)balance sheet
H)income statement
I)Corruption of Foreign Public Officials Act
J)accrual accounting
K)open book management
L)Budget
M)GAAP
N)AcSB
O)profitability ratio
P)International Accounting Standards Committee
Q)liquidity ratios
R)budget

Question

Quizplus · Accepted Answer

The description given matches the requirements for becoming a Chartered Professional Accountant, which involves education, experience, and passing exams in various areas of accounting, finance, auditing, and taxation.

Note: None of the other options directly relate to the given description, although some terms may be related to accounting in general (such as GAAP, IFRS, AcSB, income statement, balance sheet, etc.).

Complete the Following Using the Terms Listed Below