A full-charge bookkeeper
A.is a CPA
B.is a tax expert
C.can prepare financial statements
D.must have child care experience.
My answer is C. Can you check my answer.
Right.
Thanks for your help
To check your answer, we need to understand what a full-charge bookkeeper does and what qualifications they typically possess.
A full-charge bookkeeper is responsible for the complete financial record-keeping and accounting activities of a business. They handle tasks such as managing accounts payable and receivable, reconciling bank statements, preparing financial reports and statements, and maintaining financial records in compliance with regulations.
From the options given:
A. Being a Certified Public Accountant (CPA) is not a requirement for a full-charge bookkeeper. While having a CPA license is a valuable qualification, it is not necessary for this role. Therefore, option A is not the correct answer.
B. While having some knowledge of tax regulations might be beneficial, being a tax expert is not a specific requirement for a full-charge bookkeeper. Their primary focus is on general bookkeeping and financial record-keeping, rather than tax expertise. Therefore, option B is not the correct answer.
C. Yes, a full-charge bookkeeper is typically capable of preparing financial statements. This involves organizing and summarizing financial data to create reports like balance sheets, income statements, and cash flow statements. Therefore, option C is a possible correct answer.
D. Child care experience is unrelated to the role of a full-charge bookkeeper. This option is unrelated to the qualifications required for the job. Therefore, option D is not the correct answer.
Based on this analysis, your answer of C (can prepare financial statements) is a reasonable choice. It aligns with the responsibilities of a full-charge bookkeeper.