Question 1
What is a RFP and how can management use it to improve its production operations?
Question 2
Which objective listed below is
not a cost accounting objective for the production cycle?
◦ Provide information for planning, controlling, and evaluating the performance of production operations.
◦ Provide cost data about products used in pricing and product mix decisions.
◦ Collect and process the information used to calculate inventory and cost of goods sold amounts that appear in the financial statements.
◦ Provide tests of audit control functions as part of the AIS.