Question

Stevenson, Ross, and Warner (SRW) ​ Maddie is the CEO of Stevenson, Ross, and Warner (SRW), a regional accounting firm. SRW offers services in most areas of accounting, including auditing and consulting services. The firm must follow the GAAP rules, just like any other accounting firm. If there are information gaps that are not addressed and resolved by the firm, SRW could be considered a violator of the Sarbanes-Oxley Act. Maddie understands what must be done and wants every employee of the firm to understand that they have to follow all the rules and regulations. Like any other industry, accounting is a competitive industry and employees of accounting firms must be productive, progressive, and well trained. Refer to Stevenson, Ross, and Warner. In order to be successful in the accounting industry, SRW employees must:__________.
A. know all areas of accounting and marketing.
B. have complete human resources training.
C. be able to communicate in multiple languages.
D. know how to do accounting the old fashioned way-using the manual, double-entry system.
E. have a strong background in financial management.

Answer 1

Answer:

E. have a strong background in financial management.

Explanation:

Since in the question it is mentioned that  (SRW) which is a regional accounting firm that offers services like auditing, accounting, and consultancy. But there are gaps in the information that are not solved by the firm also it violates the Sarbanes-Oxley Act.

Now to be successful there should be a strong background in the financial management

Hence, the option E is correct