Which of the Following Areas Is Not Emphasized by the Certified

question 31

Multiple Choice

Which of the following areas is not emphasized by the Certified Management Accountant (CMA) examination?

• A) External auditing and business law
• B) Management reporting, analysis, and behavioral issues
• C) Decision analysis and information systems
• D) Economics, finance, and management
• ​

Determine utility levels from given income data.

Learn the concept of fair and unfair bets in the context of expected outcomes.

Understand how marginal utility of income varies with risk preferences.

Analyze the impact of disability or loss of income on utility and decision-making towards insurance policies.

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Definitions:

Tall Organization

An organization with relatively many levels in its hierarchy of authority.

Flat Organization

An organization with relatively few levels in its hierarchy of authority.

Spans of Control

Refers to the number of subordinates a supervisor or manager can effectively manage and oversee.

Divided Labour

The breakdown of work into smaller, specialized tasks to increase efficiency, also known as division of labor.