The function of management accountant, who works as business partner comes under the category of ____________?
Correct answer: C. staff function
- A. asset function
- B. investment function
- C. staff function
- D. line function
Explanation
A management accountant usually advises and supports managers rather than directly commanding operating activities, so the role is a staff function. Line functions have direct authority over core operating work.
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About Accounting Principles
Accounting principles explain the rules used to record, classify and report business transactions. Coverage includes the accounting equation, double-entry system, accrual and cash bases, matching and prudence concepts, consistency, going concern, business entity, and the difference between capital and revenue items.
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