Question

The _________________ has a large set of uses, especially in accountant and

accountant-like application. class X IT​

Answer 1

Answer:

1)Financial Accounting

2)Cost Accounting

3)Auditing

4)Managerial Accounting

5)Accounting Information Systems

6)Tax Accounting

7)Forensic Accounting

8)Fiduciary Accounting

Explanation:

There are eight types of financial accounting. Each branch has come about thanks to technological, economic or industrial developments and has its own specialized use. Accountants tend to specialize in one branch.

Some of these branches of accounting are important to small businesses. Their usefulness will be noted below, as applicable.

In this article, we’ll cover:

Financial Accounting

Cost Accounting

Auditing

Managerial Accounting

Accounting Information Systems

Tax Accounting

Forensic Accounting

Fiduciary Accounting

NOTE: FreshBooks Support team members are not certified income tax or accounting professionals and cannot provide advice in these areas, outside of supporting questions about FreshBooks. If you need income tax advice please contact an accountant in your area.