Which of the following statements about the management accountant's role in the decision-making process is/are true?
i. The management accountant is primarily responsible for selecting an alternative in the decision-making process.
ii. The management account is primarily responsible for collecting the data in the decision-making process.
iii. The management accountant is sometimes involved in developing a decision model in the decision-making process.

Question

Quizplus · Accepted Answer

The management accountant is not primarily responsible for selecting an alternative in the decision-making process; that is typically the role of senior management. However, they are responsible for collecting data and may be involved in developing decision models to help inform those choices.

Which of the Following Statements About the Management Accountant's Role