Which of the Following Statements Is Correct

question 33

Multiple Choice

Which of the following statements is correct?

• A)Both actual costing and normal costing systems trace direct costs to a cost object by using actual cost data.
• B)An actual costing system is timelier than a normal costing system.
• C)An actual costing system is less accurate than a normal costing system.
• D)Both actual costing and normal costing systems will result in the same total cost of production per unit at all points in the production process.

---

Definitions:

Comprehensive Environmental Response

A component of U.S. legislation aimed at the cleanup of sites contaminated with hazardous substances and pollutants.

Hazardous Waste Materials

Dangerous substances that pose substantial or potential threats to public health or the environment.

Resource Conservation

Practices and strategies aimed at protecting, preserving, and sustainably managing natural resources.

Recovery Act

A legislative package aimed at stimulating economic recovery and assisting those affected by a financial downturn.