Describe the internal role of accounting for organizations


Response to the following questions:

1. Identify three actual businesses that offer services and three actual businesses that offer products.

2. Describe the internal role of accounting for organizations.

3. Identify three types of services typically offered by accounting professionals.

4. What type of accounting information might be useful to the marketing managers of a business?

5. Why is accounting described as a service activity?

6. What are some accounting-related professions?

7. How do ethics rules affect auditors' choice of clients?

 

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Managerial Accounting: Describe the internal role of accounting for organizations
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