Which of the Following Statements Is True Regarding the Changing

question 136

Multiple Choice

Which of the following statements is true regarding the changing role of management accountants?

• A) Management accountants are no longer involved with recording transactions.
• B) Because of the increased emphasis on analyzing business operations, management accountants have become key organizational decision makers.
• C) The increasing scope of the regulatory environment has changed the focus of management accountants.
• D) Technology has changed the role of management accountants.

---

Definitions:

Local Competitors

Businesses within the same geographic area that offer similar products or services and compete for the same customer base.

Managers

Individuals in charge of directing and overseeing the activities of a group or organization to achieve specific objectives.

Union Organizing Campaign

A coordinated effort aimed at convincing workers to join or form a union to negotiate collectively with their employer.

Organizations

Groups of people who work together in an organized way for a shared purpose.