Asked by Logan Sisson on May 07, 2024

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Which of the following steps in the management decision-making process does not generally involve the managerial accountant?

A) Determine possible courses of action
B) Make the appropriate decision based on relevant data
C) Prepare internal reports that review the impact of decisions
D) None of these answer choices are correct.

Managerial Accountant

A professional who specializes in providing financial information and analyses to managers within organizations for decision-making.

Internal Reports

Financial or operational reports intended for use within an organization, not for external stakeholders.

Decision-Making Process

A series of steps followed by an individual or an organization to identify and evaluate options to make a choice.

  • Recognize the functions and duties of internal reporting and managerial accounting within the context of decision-making procedures.
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LN
Lening NunezMay 09, 2024
Final Answer :
B
Explanation :
The step of making the appropriate decision based on relevant data is typically the responsibility of the manager or decision-maker, not the managerial accountant. The managerial accountant's role is more focused on providing relevant data and analysis to support the decision-making process.