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:

Assimilation

The process by which new information is taken in and incorporated into one's existing cognitive structures and schemas.

Centration

The cognitive tendency in early childhood to focus on one salient aspect of a situation while neglecting other possibly relevant aspects.

Conservation

In environmental science, the preservation, protection, or restoration of the natural environment and wildlife; in cognitive development, a term introduced by Piaget referring to the understanding that certain properties of objects remain the same despite changes in their form or appearance.

Egocentrism

A cognitive trait where an individual has difficulty understanding or assuming any perspective other than their own.