There Are Five Key Working Areas in Accounting: Financial Accounting

question 36

True/False

There are five key working areas in accounting: financial accounting, managerial accounting, auditing, tax accounting, and government and not-for-profit accounting.

---

Definitions:

Adolescence

A transitional stage of physical and psychological development that generally occurs during the period from puberty to legal adulthood.

Discrimination

Unjust prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Ethnic Culture

The shared customs, traditions, values, beliefs, and identity within a group of people who identify with each other based on common ancestral, social, cultural, or national experiences.

Majority Group

The part of a population that makes up more than half of its entirety, often holding dominant social, cultural, or political power within a community or society.