Despite the proliferation of technology, managerial accountants are still needed to provide professional judgment in which of the following areas?
A)Recording non-routine transactions
B)Adjusting the financial records
C)Designing information systems
D)All of the above activities require professional judgment

Question

Quizplus · Accepted Answer

While technology has improved the efficiency and accuracy of recording routine transactions and generating financial statements, non-routine transactions and adjustments still require professional judgment to ensure accuracy and compliance with accounting standards. In addition, the design of information systems also requires knowledge of accounting principles and business operations to create effective systems. Therefore, all of the listed activities require professional judgment.

Despite the Proliferation of Technology, Managerial Accountants Are Still Needed