What effect do current technology changes have on managerial accounting?
A. Reduction of reporting costs of managerial accounting information B. Increase in product costs
C. Creation of the middleman
D. Reduction of emphasis on the value chain
asked 4 years ago | Closed
The correct answer would be A. Reduction of reporting costs of managerial accounting information. Nowadays, technology can automaticaly generate large reports in minutes. This would have taken accountants weeks to produce in the past. This allows companies to either save money on leverage their accounting staff on different projects.
Source: My Intern Experience at KPMG
answered 4 years ago
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