Which of the following statements is correct?
A) Accountants are focused on what happened in the past.
B) Financial managers are focused on what happened in the past.
C) Both accountants and financial managers use total quality management systems to standardize data.
D) Financial managers double-check the accountant's statements.

Question

Quizplus · Accepted Answer

Accountants primarily focus on recording and analyzing past financial transactions, while financial managers are more concerned with planning and managing future financial strategies.

Which of the Following Statements Is Correct