Question

Of the following​ skills, which are needed by​ today's management​ accountants?

A.
Decision analysis
B.
Strategic thinking
C.
Cost management
D.
All of the above

Answer 1

Today's management accountants need to be proficient in decision analysis, strategic thinking, and cost management, encompassing all the mentioned skills to perform effectively. The correct option is D.

Step-by-step explanation:

Management accountants today require a variety of skills to excel in their duties. Among those skills needed by today's management accountants are:

• Decision analysis: The ability to analyze financial data to support business decisions.
• Strategic thinking: Planning for the long term and understanding the broader business context.
• Cost management: Overseeing and managing costs efficiently within a business.
• All of the above: Management accountants must integrate all these skills to be effective in their roles.