Fayez Performs Professional Services Similar to Those of a Management

question 59

Multiple Choice

Fayez performs professional services similar to those of a management accountant, while working for the city of Edmonton. Fayez can best be described as a ______.

• A) tax accountant
• B) government accountant
• C) public accountant
• D) cost accountant

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Definitions:

Accounts Receivable

Funds that customers owe a company for products or services that have been provided but remain unpaid.

Sales

The total amount of goods or services sold or provided to customers, generating revenue for a business.

Long-Term Debt To Assets

A ratio indicating the proportion of a company's assets that are financed through long-term debt, showing financial leverage.

Total Assets

The sum of all owned resources with economic value that are expected to provide future benefits to a company.