60 management accountants rarely interact with employees from other business functio 4310501

60) Management accountants rarely interact with employees from other business functions such as marketing and customer service.

61) The CFO is the person responsible for the day-to-day operations of the company.

62) The treasurer and the controller report directly to the CFO.

63) The internal audit department reports directly to the audit committee, a subcommittee of the board of directors.

64) Managerial accountants no longer perform routine mechanical accounting tasks in most companies.

65) Managerial accountants are now considered to be similar to advisors and business analysts.

66) Oral and written communications skills are considered among the most valuable skills a management accountant can possess.

67) Technology has been a driving factor in the changing roles of management accountants.

68) Management accountants spend more time planning, analyzing and interpreting accounting data and less time recording routine accounting transactions than they have in the past.

69) The only skill required of managerial accountants is that they have a solid knowledge of both fin