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Which is not an area in which accountants usually practice

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Reference no: EM132624157

Problem 1: Which of the following is NOT an area in which accountants usually practice?

Option 1: Public Accounting

Option 2: Industrial Accounting

Option 3: Governmental Accounting

Option 4: Managerial (Private) Accounting

Problem 2: After the worksheet has been completed, the next step in the accounting cycle is to

Option 1: journalize and post the closing entries.

Option 2: journalize and post the adjusting entries.

Option 3: prepare the postclosing trial balance.

Option 4: prepare the financial statements.

Reference no: EM132624157

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