In general,it was not until the 1970s that management accounting systems:
A)were improved because of demands by the FASB and the SEC.
B)stagnated and proved inadequate.
C)started to develop innovations in costing and performance-measurement systems due to intense pressure from overseas competitors.
D)started to address the decision-making needs of managers.

Question

Quizplus · Accepted Answer

In the 1970s, increased global competition, particularly from Japanese firms, prompted innovations in costing and performance-measurement systems to improve efficiency and competitiveness.

In General,it Was Not Until the 1970s That Management Accounting