To Practice in Australia,an Accountant

question 26

Multiple Choice

To practice in Australia,an accountant:

• A) must be registered by the AASB
• B) must be registered by the government
• C) must be a member of CPA Australia or ICAA
• D) none of the above

---

Definitions:

Solvency Analysis

An evaluation of a company's ability to meet its long-term debts and financial obligations.

Dimensional Analysis

A mathematical technique used to convert one set of units to another, maintaining the same physical quantity.

Operating Activity

Activities that constitute the primary or core business functions of an entity, including production, distribution, and sales, affecting the operational cash flows.

Accounts Payable

Liabilities of a business that are due to be paid to creditors within a certain period.