$1.1\mathrm{.}1$ Carlita believes an important part of the planning process for managers is being sure to position the

company to achieve its goals. She thinks that positioning is an extensive concept and can depend on the right

information and that managerial accountants assist in positioning the company. Is she correct? Explain.

$2.1\mathrm{.}1$ What are some activities and tasks a manager might perform when engaging in the controlling

function of management responsibilities?

$3.1\mathrm{.}2$ What is the purpose of management accounting?

$4.1\mathrm{.}2$ Who are the primary users of the information gathered by managerial accountants?

$5.1\mathrm{.}3$ Other than accounting skills, what six qualities must be prevalent in a managerial accountant?

$6.1\mathrm{.}3$ Explain how having more than one of the accounting credentials would be beneficial to an

accounting career.

$7.1\mathrm{.}4$ What other professional business organizations have a code of ethics?

$8.1\mathrm{.}4$ How can having a bonus system based purely on sales goals create an environment that

encourages unethical behavior?

$9.1\mathrm{.}4$ What led to the United States Congress passing the public accounting reform act called SarbanesOxley?

$10.1\mathrm{.}5$ What is an enterprise resource planning $($ERP$)$ system? What are the principal benefits of such a

system?

Answer rating: 100% (QA)

111 Carlita is correct in her belief that managerial accountants assist in positioning the company to achieve its goals Managerial accountants play a crucial role in providing financial information an... View the full answer