Which of the following statements about cost accounting is correct? Selected answer will be automatically saved, For keyboard navigation, press up/down arrow keys to select an answer. a Cost accounting has an external focus. b Cost accounting is very narrow in scope. c Cost accounting helps owners and managers make decisions about their companies. d Cost accounting cannot be tied to all functional areas of a company, The Chief financial officer is responsible for Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. managing cash, cash equivalents, short-term investments, issuance of debt and equities, and relationships with lenders only. the financial reporting process, which includes creation and monitoring of the internal controls that support financial processes only. c all processes within the finance and accounting functional areas and an important player in strategic decisions for the company. d preparing internal and external financial reports and records. Who is at the heart of a multi-directional flow of financial information in the decision-making process? Selected answer will be automatically saved, For keyboard navigation, press up/down arrow keys to select an answer. a Management b Accountants c Board of directors d Stockholders