Managerial Accountants Are Employed by Which Type of Companies

question 170

Multiple Choice

Managerial accountants are employed by which type of companies?

• A)Boat makers
• B)Hospitals
• C)Retail stores selling furniture
• D)All of these companies could benefit from a managerial accountant.

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Definitions:

Hourly Wage

Compensation paid to an employee based on the number of hours worked.

Variable Pay

A portion of employees’ pay that is based on a measure of performance.

Performance Measure

Metrics or standards used to evaluate the effectiveness, quality, or success of a task, process, or organization.

Performance Measure

A metric or standard used to evaluate the efficiency, effectiveness, or success of an individual's or organization's actions.