MIE 201 Test 5 Makanui questions with correct answers graded A+

MIE 201 Test 5 accounting - correct answer the recording, measurement, and interpretation of financial information certified public accountant (CPA) - correct answer an individual who has been state certified to provide accounting services ranging from the preparation of financial records and the filing of tax returns to complex audits of corporate financial records forensic accounting - correct answer accounting that is fit for legal review, involves analyzing financial documents in search of fraudulent entries or financial misconduct private accountants - correct answer accountants employed by large corporations, government agencies, and other organizations to prepare and analyze their financial statements certified management accountants (CMAs) - correct answer private accountants who, after rigorous examination, are certified by the Institute of Management Accountants and who have some managerial responsibility bookkeeping - correct answer often mistaken for accounting but is typically limited to the routine, day-to-day recording of business transactions managerial accounting - correct answer the internal use of accounting statements by managers in planning and directing the organization's activities cash flow - correct answer the movement of money through an organization over a daily, weekly, monthly, or yearly basis