Current Trends in Managerial Accounting

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Managerial accounting considers _____.

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1. What is the difference between managerial accounting and management accounting?

2. The primary purpose of managerial accounting is _____.

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About This Quiz & Worksheet

Managerial accounting is a constantly changing field, and this pair of study guides will help gauge your knowledge of the current trends in managerial accounting. Quiz questions will focus on the uses for these trends and terms associated with managerial accounting.

Quiz & Worksheet Goals

This pair of assessments will quiz you on:

  • Uses for past trends in management accounting
  • Differences between management and managerial accounting
  • Purpose of management accounting
  • The Era of Predictive Analytics
  • How predictive accounting affects organizations

Skills Practiced

  • Reading comprehension - ensure you comprehend key information from the related managerial accounting lesson
  • Information recall - access the knowledge you've gained regarding terms associated with managerial accounting
  • Knowledge application - utilize your knowledge to answer questions about the Era of Predictive Analytics

Additional Learning

If you want to learn more about trends in managerial accounting, check out the accompanying lesson titled Current Trends in Managerial Accounting. The lesson will cover the following key topics:

  • Examples of past managerial fads
  • The five previous eras and the sixth, the Era of Predictive Analytics
  • How predictive accounting has changed management
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