Question

Managerial accountants: a. often work with regulators like the SEC. b. are responsible for issuing a company’s annual financial statements. c. are found primarily at lower levels of the organizational hierarchy. d. are found primarily at higher levels of the organizational hierarchy. e. often work on cross-functional teams and are located throughout an organization.

Answer 1

Answer: Option (E)

Explanation:

Managerial accountant tends to analyzes and records the financial data and information by the means of interpreting, collecting, and also preparing financial data to company's or organization's management team. The information and data is further then used in order to form practical financial decisions which can further benefit the organization's overall growth.