Which of the Following Is a Cost Management Subsystem Designed

question 141

Multiple Choice

Which of the following is a cost management subsystem designed to assign costs to individual products and services and other objects, as specified by management

• A)financial accounting information system
• B)operational control system
• C)cost accounting information system
• D)all of the above

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Definitions:

Capital Equipment Assets

Long-term physical assets purchased for manufacturing, production, or other business operations.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of a business.

Office Equipment

The machinery, tools, and furniture used in an office environment to facilitate work, such as computers, printers, and desks.

Total Quality Management (TQM)

A management approach centered on continuous improvement, focusing on quality control across all areas of an organization.