Managerial accounting has changed in recent years because of:
A)the growth of e-business.
B)increased global competition.
C)the emergence of new industries.
D)an increased focus on the customer.
E)All of these factors.

Question

Quizplus · Accepted Answer

All of the factors mentioned in the options have contributed to the changes in managerial accounting. The growth of e-business has led to the need for new performance measures and analysis of online transactions. Increased global competition has increased the need for cost management and strategic decision-making. The emergence of new industries has created the need for new accounting practices and tools. And an increased focus on the customer has led to the use of customer profitability analysis and other techniques to improve customer satisfaction and retention.

Managerial Accounting Has Changed in Recent Years Because Of