Managerial Accounting Has Not Changed in Recent Years Because Of

question 38

Multiple Choice

Managerial accounting has not changed in recent years because of:

• A)the growth of e-business.
• B)increased global competition.
• C)the increased speed of communication technology.
• D)the adoption of Just-in-Time Inventory Management systems.
• E)Management Accountants serving in the role of CEO.

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Definitions:

Close-Knit

Describes a group of individuals who are tightly connected, share strong bonds, and support each other, often resembling a family-like relationship.

Desirable Effects

Positive outcomes or benefits that are sought after or deemed attractive in a given context.

Primary Goals

The main or most important objectives that an individual or organization aims to achieve.

Open Groups

Groups that are characterized by their openness to new members, allowing for fluid membership and participation.