Which Are the Two Major Fields of Accounting

question 16

Multiple Choice

Which are the two major fields of accounting?

• A) managerial and forensic
• B) financial and managerial
• C) bookkeeping and advisory
• D) corporate and individual
• E) public and private

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Definitions:

Mens Rea

A legal term referring to the mental state of a person while committing a crime, showing intention or knowledge of wrongdoing.

Conviction

A firmly held belief or opinion, or the formal declaration that someone is guilty of a criminal offense by the verdict of a jury or the decision of a judge in a court of law.

Psychological Concepts

Fundamental ideas or theories in psychology that describe, explain, and predict aspects of human behavior and mental processes.

Mental Disorder

A broad term for conditions that affect mood, thinking, and behavior, impacting daily functioning and well-being.