In Which of the Following Ways Do Public Accountants Differ

question 5

Multiple Choice

In which of the following ways do public accountants differ from management accountants?

• A) Public accountants rely on data provided by top managers, whereas management accounts rely on data provided by middle and supervisory managers.
• B) Management accountants are answerable to the Securities and Exchange Commission, whereas public accountants are answerable to their own organization.
• C) Management accountants are associated with CPA firms, whereas public accountants can only be internal auditors.
• D) Public accountants conduct external audits, whereas management accountants analyze the financial statements of their own organization.

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