A. CIA b. CMA c. CISA d. All are true. ANS: C DIF: Moderate OBJ: 01-01 NAT: AACSB Analytic | AICPA BB-Industry 22. Which of the following is not a certification for accountants? A. CIA b. CMA c. CISA d. All are true. ANS: D DIF: Moderate OBJ: 01-01 NAT: AACSB Analytic | AICPA BB-Industry 23. Which of the following is not a characteristic of a corporation? A. Corporations are organized as a separate legal taxable entity b. Ownership is divided into shares of stock. C. Corporations experience an ease in obtaining large amounts of resources by issuing stock. D. A corporation”s resources are limited to their individual owners” resources. E. Corporations make up 20% of all businesses. B. To personally guarantee loans of the business. A. To provide reports to stakeholders about the economic activities and conditions of a business. 24. Which of the following is not a role of accounting in business? A. To provide reports to stakeholders about the economic activities and conditions o