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Author Question: Which of the following is true of cost accounting? (Read 67 times)

mydiamond

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Question 1

Which of the following groups would be least likely to receive detailed management accounting reports?
◦ stockholders
◦ sales managers
◦ production supervisors
◦ distribution managers

Question 2

Which of the following is true of cost accounting?
◦ It is a subset of management accounting and therefore its information is used only to meet the needs of managers.
◦ It is used only by manufacturers.
◦ It is part of both management and financial accounting systems.
◦ The distinction between management accounting and cost accounting is clear-cut.


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Marked as best answer by mydiamond on Mar 6, 2021

jliusyl

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mydiamond

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


bblaney

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Reply 3 on: Yesterday
Excellent

 

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