Which of the Following Best Describes Cost Accounting

question 19

Multiple Choice

Which of the following best describes cost accounting?

• A)Cost accounting serves the needs of both financial and managerial accounting.
• B)Managerial accounting is a subset of cost accounting.
• C)Financial accounting is a subset of cost accounting.
• D)Cost accounting is an alternative to both financial and managerial accounting.

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Definitions:

Electromagnetic Energy

Refers to a form of energy that is reflected or emitted from objects in the form of electrical and magnetic waves that can travel through space.

Ultraviolet Light

A type of electromagnetic radiation with a wavelength shorter than that of visible light but longer than X-rays.

Absolute Threshold

The minimum intensity of a stimulus that one can detect 50% of the time.

Brightness

Lightness or luminance; the dimension of visual experience related to the amount (intensity) of light emitted from or reflected by an object.