Why Is It Important for Accountants to Build Good Research

question 116

Multiple Choice

Why is it important for accountants to build good research skills?

• A) There are too many standards for accountants to commit to memory.
• B) If their assistant is busy, they'll need to find information on their own.
• C) Research skills look good on a resume.
• D) None of the above

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Definitions:

Diffusion of Innovation

A theory that describes how, why, and at what rate new ideas and technology spread through cultures, from inception to widespread adoption.

Product Line

A group of related products marketed under a single brand name that serves a particular market segment or fulfills a specific customer need.

Product Class

A category that groups products based on their function, consumer perceptions, or attributes, such as electronics or household goods.

Product Form

Pertains to variations of a product within the product class.