Describe areas of focus in contemporary managerial accounting.

Select all that apply.

A. Planning involves setting goals and objectives for the company and determining how to achieve them.

B.Implementing Extensible Business Reporting Language (XBRL) for the organization

C.Developing principles, standards, and codes of ethics to help management

D.Controlling means evaluating the results of business operations against the plan and making adjustments to keep the company pressing toward its goals.

E.Directing means overseeing the company's day-to-day operations.

F.Management engages in decision making while it plans, directs, and controls operations.

G.Establishing managerial accounting systems and implementing IFRS Standards

H.Controlling production, plant operating costs, and product sales mix