Which of the Following Is/are Major Factors in the Rapidly

question 291

Multiple Choice

Which of the following is/are major factors in the rapidly changing financial reporting environment in Canada?

• A)increased demand for accountants and the impact of technology
• B)globalization and the unethical actions of accountants
• C)the growing number of institutional investors who want more information regarding
• Environmental and social issues
• D)increased use of the Internet

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Definitions:

Excellence Canada

An organization that promotes organizational excellence and healthy workplace cultures through standards and certifications in Canada.

Quality Management Principles

Fundamental beliefs, norms, rules, and values that are accepted as true and applied by an organization in quality management.

Managerial Accounting

The process of providing financial information and analysis to managers within organizations to facilitate decision-making.

Financial Accounting

The practice of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time.