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Author Question: The collection of cost data in an organized way, such as in various categories such as materials, ... (Read 52 times)

debasdf

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Question 1

A cost system determines the cost of a cost object by ________.
◦ accumulating and then assigning costs
◦ accumulating costs
◦ assigning and then accumulating costs
◦ assigning costs

Question 2

The collection of cost data in an organized way, such as in various categories such as materials, labor, and manufacturing overhead, is called:
◦ cost application
◦ cost accumulation
◦ cost assignment
◦ cost reporting


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Marked as best answer by debasdf on Mar 6, 2021

yahahah24021

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debasdf

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


amynguyen1221

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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