Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Types of Accounting

Financial Accounting

1. Introduction to Accounting

Types of Accounting

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Multiple Choice

Which one of the following occupations best fits into the corporate area of finance?

Treasurer of a manufacturing company

Tax consultant for individual clients

External auditor at a public accounting firm

Financial advisor at a brokerage firm

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Verified step by step guidance

Understand the corporate area of finance: This area focuses on managing a company's financial activities, including budgeting, financial planning, investment decisions, and risk management.

Analyze the role of a Treasurer in a manufacturing company: A Treasurer is responsible for overseeing the company's financial operations, such as cash management, financing, and investment strategies, which are core functions of corporate finance.

Compare the other options: A Tax consultant for individual clients primarily deals with personal tax planning, which is not directly related to corporate finance. An External auditor at a public accounting firm focuses on auditing and compliance, which is part of accounting rather than corporate finance. A Financial advisor at a brokerage firm provides investment advice to individuals, which is more aligned with personal finance.

Determine the best fit: Based on the responsibilities and focus of each role, the Treasurer of a manufacturing company aligns most closely with the corporate area of finance.

Conclude that the Treasurer of a manufacturing company is the correct answer because their role directly involves managing the financial activities of a corporation.