Asked by Oscar Colon on Apr 27, 2024

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An accountant employed by a business other than a public accounting firm is called a ______,who typically collects and records financial transactions and prepares financial statements used by the company's managers in decision making.

A) management consultant
B) public accountant
C) management accountant
D) government accountant

Management Accountant

Accountant who works for a firm and provides accounting services to that firm.

Financial Transactions

Activities involving the exchange of money or assets between two or more parties, encompassing a wide range of operations from purchases to investments.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, typically comprising the balance sheet, income statement, and statement of cash flows.

  • Appreciate the function and tasks of accountants within an enterprise.
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HL
holden landryMay 01, 2024
Final Answer :
C
Explanation :
Management accountants, also known as corporate or private accountants, collect and record financial transactions and prepare financial statements used by a company's managers for decision making. They work within a business rather than for a public accounting firm.