Question

(One of many jobs for a professional accountant is a position of a Corporate Controller). why...

(One of many jobs for a professional accountant is a position of a Corporate Controller). why would you choose that job?, what are the advantages and disadvantages?

Homework Answers

Answer #1

Being a professional accountant, I would definitely like to choose a position which suits my profession. Being a corporate controller Means I would be handling the entire system of accounting of my employer, which no doubt is a very big responsibility bestowed upon us. Being a corporate controller I would be able to exercise leadership skills as many people would be working under me as a team member. Also I would get the opportunity to know the views of my team memebrm also .this would help me to extend my knowledge.

However the disadvantage is that I would be just restricted to one field and that is probably accounting. So in that way I would be getting expertise in one area but will lack even the basic knowledge of other Areas.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What dictates the reason why an accountant would choose one of the three inventory accounting methods...
What dictates the reason why an accountant would choose one of the three inventory accounting methods (FIFO, LIFO, or Weighted Average)?
Job 412 was one of the many jobs started and completed during the year. The job...
Job 412 was one of the many jobs started and completed during the year. The job required $9,400 in direct materials and 30 hours of direct labor time at a total direct labor cost of $10,300. If the job contained five units and the company billed at 75% above the unit product cost on the job cost sheet, what price per unit would have been charged to the customer?
33. What dictates the reason why an accountant would choose one of the three inventory accounting...
33. What dictates the reason why an accountant would choose one of the three inventory accounting methods (FIFO, LIFO, or Weighted Average)?
As discussed in the textbook, large accounting firms and other professional firms operate as limited liability...
As discussed in the textbook, large accounting firms and other professional firms operate as limited liability partnerships (LLPs). Compare and contrast the advantages and disadvantages of an LLP form of business and a C Corporation. Suggest the significant tax reasons why a new entity would choose an LLP over a traditional partnership or a C Corporation.
Six different renovation jobs are each to be assigned to one of four contractors. (a) In...
Six different renovation jobs are each to be assigned to one of four contractors. (a) In how many ways can the six jobs be distributed among the four contractors? Each contractor can get any number of jobs, including the possibility that all jobs go to the same contractor. Idea: For each job, how many options are there for who is given that job? (b) In how many ways can the six jobs be distributed among the four contractors so that...
Read Chapter 14: Quickbooks Online Accountant and Review intuit product options. Prepare a one page summary...
Read Chapter 14: Quickbooks Online Accountant and Review intuit product options. Prepare a one page summary of the various Quickbooks Options using Word. The following topics should be addressed: What Quickbooks Options does the Client/User have? What are the differences between the options (Make sure to explain all the options)? What would the advantages and disadvantages be of using Quickbooks Online? What Quickbooks Options does the Accounting Firm have? What are the differences?
Suppose you can take one of two summer jobs. In the first job as a flight...
Suppose you can take one of two summer jobs. In the first job as a flight attendant, with a salary of $5,000, you estimate the probability you will die is 1 in 40,000. Alternatively, you could drive a truck transporting hazardous materials, which pays $12,000 and for which the probability of death is 1 in 10,000. Suppose that you're indifferent between the two jobs except for the pay and the chance of death. If you choose the job as a...
Describe an ethical dilemma which you observed in your professional environment that falls into one of...
Describe an ethical dilemma which you observed in your professional environment that falls into one of the following categories: human resources, harassment, conflicts of interest, customer confidence, or use of corporate resources. Put yourself into the role of the participant(s) in the situation that you observed. If this situation happened to you today, what would you do differently and why?
What jobs (cash management) would you group together to make a job family in order to...
What jobs (cash management) would you group together to make a job family in order to develop a competency model? Why would you group these jobs to make a job family? How would you collect the behavior data required to develop a competency model for this job family? How could you organize these behaviors into competencies? Why? How would you validate these competencies?
A Methods and Statistics student, Chris, has an accountant for a mother. She has been listening...
A Methods and Statistics student, Chris, has an accountant for a mother. She has been listening to Chris tell her about Type I errors and α = .05. She responds: “.05? That means you’re making an error one time in twenty! If I made errors 5 percent of the time I’d be out of a job so fast it would make your head spin! Those psychologists need to shape up and set their α level to something more reasonable, say...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT