The primary role of today's managerial accountant is to:
A) enter data into the accounting system.
B) collect data.
C) analyse information and create knowledge.
D) prepare tax returns.

Question

Quizplus · Accepted Answer

The primary role of today's managerial accountant is to analyse information and create knowledge. While entering data and collecting data are important aspects of their job, the ultimate goal is to use that data to provide insights, make informed decisions, and improve business performance. Tax return preparation, on the other hand, is typically a task assigned to a tax accountant or tax specialist, rather than a managerial accountant.

The Primary Role of Today's Managerial Accountant Is To