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The professor did not provide a direct response to the aspiring accounting students' five questions about Professor Pacioli, the purpose of studying accounting, the distinction between financial and managerial accounting, the role of accountants in the modern era, and the process of becoming a CPA. The summary omits the questions and focuses on the lack of responses from the professor in the given document.

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mnrk 1997
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37 views2 pages

B-01 01student

The professor did not provide a direct response to the aspiring accounting students' five questions about Professor Pacioli, the purpose of studying accounting, the distinction between financial and managerial accounting, the role of accountants in the modern era, and the process of becoming a CPA. The summary omits the questions and focuses on the lack of responses from the professor in the given document.

Uploaded by

mnrk 1997
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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B-01.

01

Professor Pacioli was recently asked the following five questions by his aspiring accounting students.
Prepare a summary of the professor's reply to each question.

(a) Professor, I 'm not sure why, but your name sounds familiar . . . why is that?

(b) Professor, I have no interest in being a bookkeeper. Why should I study accounting?

(c) Professor, I am not sure I understand why there is a distinction between financial and managerial
accounting. If you are accounting for one business, how can there possibly be two separate
approaches?

(d) Professor, haven't computers and modern information systems made accountants obsolete?

(e) Professor, I am interested in becoming a CPA. Do I need to apply to the FASB?


Name:
B-01.01
Date: Section:

(a)

(b)

(c)

(d)

(e)

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