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21 November, 09:39

In 2013, the employee at Lighthouse Services prepared an annual report for the bank that revealed total revenue in 2012 was $6,000,000. The manager needs the information to apply for a loan to purchase new equipment to maintain the operations at the organization. The report was prepared in accordance with GAAP and the report contained information about the 2012 financial performance at the company. Which of the following describes the role of the employee at Lighthouse Services? A. Board of Director B. CFO C. CEO D. Managerial Accountant E. Financial Accountant

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  1. 21 November, 09:55
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    The answer is E. Financial Accountant

    Explanation:

    A Financial Accountant acts as a consultant for senior managers and one of its functions includes the presentation of financial reports in accordance with the law. Likewise, its duties include financial planning, reporting, and controls, short and long term business strategy, cash management, internal risk management, corporate finance, and accounting.

    This is why the correct option is the letter E. Financial Accountant.
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