Which of the Following Statements About Financial Accounting Is NOT

question 2

Multiple Choice

Which of the following statements about financial accounting is NOT true?

• A) A marketing manager does not need to be concerned with financial accounting.
• B) The financial accountant faces a challenge in figuring out which numbers to use.
• C) Adding and subtracting is often the easy part of financial accounting.
• D) Significant judgement is required in accounting.

---

Definitions:

U.S. Workforce

The labor pool in the United States, encompassing all employed individuals across various sectors and industries.

Women or People of Color

Refers to individuals identified as female or those belonging to racial or ethnic groups that have historically been marginalized.

Layers of Organizational Culture

The different levels at which organizational culture manifests, including artifacts (visible elements like dress code), espoused values (organization’s stated values and rules), and underlying assumptions (unconscious, taken-for-granted beliefs).

Visible

Easily seen or perceived, readily attracting attention or becoming apparent.