Multiple Choice
Which of the following is NOT an activity related to acquiring new employees for an organization?
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1. Introduction to Accounting
Types of Accounting
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Which of the following is NOT a type of accounting commonly recognized in the field of financial accounting?
A
Managerial Accounting
B
Forensic Medicine
C
Financial Accounting
D
Tax Accounting
Verified step by step guidance1
Understand the question: The problem is asking to identify which option is NOT a type of accounting commonly recognized in the field of financial accounting.
Review the options provided: Managerial Accounting, Forensic Medicine, Financial Accounting, and Tax Accounting.
Recall the definitions: Managerial Accounting focuses on internal decision-making, Financial Accounting deals with external reporting, and Tax Accounting pertains to compliance with tax laws.
Identify the unrelated term: Forensic Medicine is a field related to medical science and legal investigations, not accounting.
Conclude that Forensic Medicine is the correct answer as it does not belong to the field of financial accounting.
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