To determine: The task performed, skills needed, pay and opportunity outlook of the career.
Introduction: Certified management accountant is an accountant whose responsibility is to certify the information and reports, prepared for the decision making of the managers.
Answer to Problem 1CE
Some of the skill set required is bachelor’s degree, ICMA certification, business knowledge, detail orientation, writing and communication skills. The hourly wage rate in this career is $33.34 and annually it is $69,350. The career of certified management accountant is that it is projected to grow 10% from 2016 to 2026.
Explanation of Solution
The skill set which a certified management accountant requires is mentioned below:
- A certified management accountant generally requires a bachelor’s degree.
- Certification of ICMA by completing a series of examinations.
- Understanding of the business.
- Detail oriented.
- Writing and communication skills.
The wage rate of an officer working in this career is:
- Hourly wage rate- $33.34.
- Annual wage rate- $69,350.
The career of certified management accountant is projected to grow by 10% from 2016 to 2026, which is faster than average.
Want to see more full solutions like this?
Chapter 17 Solutions
Understanding Business
- I need help What are the variables that influence an employee’s decision to leave or stay at an organization (Hint: It’s not just money.)arrow_forwardDistinguish how the three major types of CRM (strategic, operational, and analytical) can be used to provide successful relationships with customers in terms of acquisition, retention, and development.arrow_forwardAs done in the laboratory, show the circuit diagram and give all component values for your design of: A. A dc regulated power supply to convert line voltage to 10 V dc for a 50 ohm load. B. An input protection circuit for a CMOS gate.arrow_forward
- Why do most companies use workday as human resource information system (HRIS)? pros and cons?arrow_forwardCan you guys help me with this? Thank you! What did you learn this semester for Fall 2024? How do you plan to utilize this content in your real life in your professional and personal career? Please describe a concept and apply how you will use it in your professional career. Here are what I learned from this semester: Contingency Factors include size, organizational technology, the external environment, goals and strategy, and organizational culture. The Triple Bottom Line includes the three Ps: People, Planet, and Profit. Intergroup Conflict Here are three sources that help to work on this question: Article Influence of contingency factors on the socioeconomic performance of local governments by Clovis Fiirst & Ilse Maria Beuren Article Triple Bottom Line toward a Holistic Framework for Sustainability: A Systematic Review by Vittoria Loviscek The book chapter (5. Intergroup Conflict) from The Resolution of Conflict: Constructive and Destructive Processes from Morton Deutscharrow_forwardLate Night Cookies spends $160 on ingredients and boxes to make 100 boxed orders of cookies. This means that the variable cost per box of cookies is $1.60. It sells a single box for $8. Its monthly fixed cost is $653. Use the information above to help you fill out the break-even formula below. A blank formula to find break-even units Hint Submit HINT 1 First, identify your total fixed costs. It says in the problem that your fixed costs are $653.arrow_forward
- Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage LearningFoundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning