Certified Management Accountants (CMAs) Specialize Only in Financial Management Knowledge

question 86

True/False

Certified Management Accountants (CMAs) specialize only in financial management knowledge and always work for a single company.

---

Definitions:

Segment Reporting

The practice of dividing a company's operations into segments and reporting financial data for each segment separately to provide insights into the performance of different areas of the business.

Disaggregated Financial Data

Refers to financial information that is broken down into smaller components to provide detailed insight into the financial condition and performance of a company.

Risk of Investing

The potential for an investor to experience losses due to factors affecting overall financial market performance or specific asset classes.

Major Customers

Refers to clients who contribute significantly to a company's revenue, often making up a large portion of sales.