Which of the Following Is a Major Factor Causing Changes

question 68

Multiple Choice

Which of the following is a major factor causing changes in management accounting today?

• A) additional value chain functions
• B) small advances in technology
• C) shift to manufacturing-based economy
• D) increased global competition

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Definitions:

Indirect Costs

Expenses not directly tied to the production of goods or services but necessary for the general operation of an organization, such as administrative expenses or utilities.

Government Funds

Financial resources allocated by governmental bodies to support various programs, projects, services, or organizations.

Administrative Expenses

Costs associated with the general operation of a business or organization, excluding production or direct costs.

Nonprofit's Opportunity

The chance for nonprofit organizations to pursue their mission, often through funding, partnerships, or innovations that align with their goals.