Preston Performs Professional Services Similar to Those of a Management

question 124

Multiple Choice

Preston performs professional services similar to those of a management accountant while working for the city of Portland.Preston can best be described as a _____.

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

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Definitions:

Optimal Level

The most favorable point or condition that yields the best outcome for a specific objective, such as profit maximization or cost minimization.

Maximize Profits

The process of increasing the financial gain from business activities to the highest possible level.

Product Availability

The extent to which goods are in stock and accessible for purchase by consumers.

Postponement

A strategy that involves delaying the final activities in the provision of a product until after receiving a customer order, helping to reduce inventory and improve customization.