In the Accounting Field, CMA Stands for Which of the Following

question 31

Multiple Choice

In the accounting field, CMA stands for which of the following?

• A) certified management accountant
• B) centralized managerial accountant
• C) certified motivational accountant
• D) consolidated monetary auditor

---

Definitions:

P > MC

A condition suggesting that the price of a product is greater than its marginal cost, which is often used to indicate potential profitability in a competitive market.

Payoff Matrix

A table that shows the potential outcomes of a strategic decision made by two or more players, highlighting the benefits or losses based on each player's decisions.

Dominant Strategy

A strategy in game theory that is best for a player, regardless of the strategies chosen by other players.

Price High

Typically refers to a situation where the price of a good or service is higher than usual, which can result from high demand, low supply, or other market conditions.