Answered: “Knowledge of technical issues such as…

“Knowledge of technical issues such as computer technology is a necessary but not sufficient condition to becoming a successful management accountant”. Do you agree? Why?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter1: Introduction To Cost Management

Section: Chapter Questions

Problem 11DQ: What is business ethics? Is it possible to teach ethical behavior in a management accounting course?

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Concept explainers

Management Information Systems

While undertaking any business decisions, data is the most important aspect. An information system (IS) is a set of data, computing devices and management methods that support routine company operations. A management information system (MIS) is a specific subset of IS.

Question

“Knowledge of technical issues such as computer technology is a necessary but not sufficient condition to becoming a successful management accountant”. Do you agree? Why?

Definition Definition Process by which financial information is analyzed, interpreted, and communicated to managers to support the achievement of an organization's goals. The main objective of managerial accounting is to maximize profits and minimize losses.

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