GK
ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Social responsibility accounting
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Human resources accounting
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Both (a) and (b)
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Cost accounting
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Detailed explanation-1: -What Are the 3 Types of Accounting? Though there are 12 branches of accounting in total, there are 3 main types of accounting. These types are tax accounting, financial accounting, and management accounting. Management accounting is useful to all types of businesses and tax accounting is required by the IRS.
Detailed explanation-2: -Though different professional accounting sources may divide accounting careers into different categories, the four types listed here reflect the accounting roles commonly available throughout the profession. These four branches include corporate, public, government, and forensic accounting.
Detailed explanation-3: -While financial accounting, cost accounting and management accounting are the main branches, there are other accounting branches as well.
Detailed explanation-4: -Dependent Branch. These branches do not maintain their own set of books. Independent Branch. An independent branch maintains its own books, whether it is an overseas branch or a domestic branch. Foreign Branch. Home Branch. 08-Nov-2022