Persons in the United States Who Provide External Auditing Services

question 10

Multiple Choice

Persons in the United States who provide external auditing services are designated as

• A)Certified Public Accountants.
• B)Certified Financial Accountants.
• C)Chartered Accountants.
• D)Certified Management Accountants.

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Definitions:

Dividends Paid

Distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.

Cost of Sales

Direct costs attributable to the production of the goods sold by a company, including material and labor costs.

Inventories

The complete list of items such as property, goods in stock, or the contents of a building.

Accounts Payable

The amounts due by a company to its suppliers or creditors for goods and services received but not yet paid for.