Managerial Accountants Fulfill Three Primary Responsibilities: Planning, Directing and Controlling

question 58

Essay

Managerial accountants fulfill three primary responsibilities: planning, directing and controlling. Review each of the following tasks that managerial accountants complete in their role as a managerial accountant:
In the space provided below, indicate whether the task is (1)planning; (2)directing; or, (3)controlling.
Planning
Directing
Controlling

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Definitions:

Unrepresentative Sample

Refers to a subset of a population that does not accurately reflect the demographics or characteristics of the whole population.

Rational Image

A coherent and logical mental representation or concept.

Empirical Support

Refers to evidence that is based on observation, experience, or experiments rather than theory alone.

REP Test

Short for Role Construct Repertory Test, a psychological test for assessing an individual's personal construct system, used to understand how they view the world and themselves.