Which of the Following Has Not Been a Traditional Area

question 17

Multiple Choice

Which of the following has not been a traditional area of employment for accountants?

• A) Forensic accounting.
• B) Audit and assurance.
• C) Financial accounting.
• D) Tax accounting.

---

Definitions:

Fiscal Policy

Government policies regarding taxation and spending that influence economic conditions.

Rational Expectations

The hypothesis that individuals form forecasts about the future based on all available information in an unbiased and logical manner.

Monetary

Pertaining to money, including aspects related to money supply, banking, and monetary policy used by a government to influence an economy.

Fiscal Policy

Government adjustments in spending levels and tax rates to monitor and influence a nation's economy.