What factor has changed the roles of managerial accountants?
A)Stricter GAAP standards
B)Technology
C)Stricter audit standards
D)None of the above

Question

Quizplus · Accepted Answer

Technology has significantly changed the roles of managerial accountants by enabling them to access and analyze large amounts of data more efficiently, automate routine tasks, and develop more accurate financial forecasts. This has resulted in a shift towards more strategic decision-making and analysis, rather than simply managing financial records. While GAAP and audit standards are important considerations for managerial accountants, they have not had the same transformative impact as technology.

What Factor Has Changed the Roles of Managerial Accountants