Question

The management accountant at Light Manufacturing oversees the company's day-to-day operations at the firm. The management accountant observed that the company generated $800,000 in product sales and the management accountant uses that information to run the daily business operations. The information is also to the management accountant because the data reveals which products generate the most sales; and, the management accountant uses that information to adjust products and develop the marketing strategy.Which of the following management accounting responsibilities is the management accountant using in this example?a)designingb)controllingc)planningd)implementinge)directing

Answer 1

Answer:

e)directing

Explanation:

Directing is a management function that entails the instruction, guidance, and oversight of business activities with an aim of meeting set goals and objectives.

In the given scenario the management accountant adjusted products and developed marketing strategy by observing that the company generated $800,000 in product sales, also he discovered which products are selling most.

This information was used in the daily running of the business.