Financial managers and management accountants have which task in common?

Question

Quizplus · Accepted Answer

Financial managers and management accountants both have the task of budgeting. While financial managers focus on creating budgets for the overall financial health of the organization, management accountants create budgets specifically for individual departments or projects. Obtaining funds, auditing, and measuring costs of production are tasks that may fall under the purview of financial managers, but not necessarily management accountants.

Financial Managers and Management Accountants Have Which Task in Common