Managerial Accountants Are Required to Possess Which of the Following

question 71

Multiple Choice

Managerial accountants are required to possess which of the following skills?

• A)Analytical skills
• B)Oral and written communication skills
• C)The ability to work on a team
• D)All of the above

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Definitions:

Future Value

The worth of a present asset on a future specified date, calculated using a projected growth rate.

Future Value

The value of a current asset at a specified date in the future based on an assumed rate of growth over time.

Future Value

The value of an investment at a specific future date, including interest earned or compound interest.

Compounded Quarterly

A method of calculating interest where the interest earned each quarter is added to the principal, so that the balance doesn’t merely grow, it grows at an increasing rate.