All of the Following Are Services Offered by Public Accountants

question 54

Multiple Choice

All of the following are services offered by public accountants except

• A) budgeting.
• B) auditing.
• C) tax planning.
• D) consulting.

---

Definitions:

Improperly Sequenced

Arranged in an incorrect order that does not follow logical or established progression.

Capital Budgeting

The process by which a business evaluates and plans for significant investments in projects, properties, or equipment.

Expected Cash Flows

Forecasts of the amounts, timing, and uncertainty of cash receipts and disbursements that a business anticipates.

Annual Rate of Return Technique

A method to estimate the profitability of potential investments by calculating the projected annual rate of return.