When Nathaniel Products applied for a loan to expand its sailboat ...

[robinn137]

When Nathaniel Products applied for a loan to expand its sailboat business, the bank requested several financial reports so that they could assess the company's ability to repay the loan. Which category of accounting would be responsible for the preparation of these financial reports?
 A) Managerial accounting
  B) Financial accounting
  C) Liaison accounting
  D) Forensic accounting
  E) Cost accounting

Question 2

Assigning part of your work, and the authority required to do that work, to someone else is called:
 A) delegation.
  B) responsibility.
  C) authorization.
  D) accountability.
  E) relegation.

[coyin]

Answer to Question 1

B

Answer to Question 2

A

[robinn137]

TYSM

[matt95]

Excellent