What should she do first in order to gain this understanding?

Stephanie has just secured a job as a management accountant for a well-known banking firm. She needs to understand the organisation’s financial position.

What should she do first in order to gain this understanding?
A . Record the organisation’s transactions in the books of prime entry.
B . Inform the tax authorities of the organisation’s revenues.
C . Total all the day books and enter them into ledgers.
D . Submit the company’s accounts to the IFR

View Answer

Answer: A