Which of the Following Statements About Managerial Accountants Is False

question 34

Multiple Choice

Which of the following statements about managerial accountants is false?

• A)Managerial accountants more and more are considered "business partners."
• B)Managerial accountants often are part of cross-functional teams.
• C)An increasing number of organizations are segregating managerial accountants in separate managerial-accounting departments.
• D)In a number of companies,managerial accountants make significant business decisions and resolve operating problems.
• E)The role of managerial accountants has changed considerably over the past decadE.

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Definitions:

Heuristics

Mental shortcuts or rules of thumb that simplify decision-making processes.

Preferences

Individual choices or inclinations towards certain options, objects, or outcomes over others.

Heuristics

Simple, efficient rules, either hardwired by evolutionary processes or learned, which help individuals make decisions, come to judgments, and solve problems when facing complex situations or incomplete information.

Rational Model

A decision-making model that assumes individuals will make decisions based on logical analysis, aiming to maximize outcomes by evaluating all possible alternatives.