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

Question

Quizplus · Accepted Answer

The primary role of today's managerial accountant is to analyze information and create knowledge. This involves interpreting financial data, identifying trends and patterns, and using this information to make strategic business decisions. While entering data and collecting data are important functions of an accountant, they are not the primary role of a managerial accountant. Additionally, preparing tax returns is more of a task for a tax accountant, rather than a managerial accountant.

The Primary Role of Today's Managerial Accountant Is To