Managerial accountants:
A) often work with regulators like the SEC.
B) are responsible for issuing a company's annual financial statements.
C) are found primarily at lower levels of the organizational hierarchy.
D) are found primarily at higher levels of the organizational hierarchy.
E) often work on cross-functional teams and are located throughout an organization.

Question

Quizplus · Accepted Answer

Managerial accountants often work on cross-functional teams and are located throughout an organization, providing them with a broad view and involvement in various aspects of the business. This role involves working closely with different departments to help in planning, decision-making, and performance management, rather than focusing on compliance or financial reporting to external entities.

Managerial Accountants