If Bennett is a private certified management accountant, which of the

QUESTION

If Bennett is a private certified management accountant, which of the following statements is TRUE about him?

A) He needs only a degree in accounting to do his job.
B) He does the same work as a public accountant.
C) He only works for for-profit organizations.
D) He works for only one business.
E) He might be asked to do an independent audit of his company.

ANSWER

Answer: D
Explanation: D) Practitioners of accounting are either private or public accountants. A private accountant works for one company, while a public accountant may work for any number of different clients.