A Certified Management Accountant A. is licensed by a state to perform management accounting functions for business and not-for-profit organizations. B. has passed a standardized examination and has certain experience requirements. C. performs the same functions as a CPA but of the internal audit staff of a business. D. both a and b are correct.

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
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A Certified Management Accountant
A. is licensed by a state to perform management accounting functions for business and not-for-profit organizations.
B. has passed a standardized examination and has certain experience requirements.
C. performs the same functions as a CPA but of the internal audit staff of a business.
D. both a and b are correct.

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