Which of the Following Statements Is False

question 100

Multiple Choice

Which of the following statements is false?

• A) Information for some costs cannot easily be obtained from the accounting information system.
• B) Useful cost information is rarely available from the accounting information system.
• C) The accounting system design affects the availability of useful cost information.
• D) The nature of cost information affects its usefulness for decision-making.

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Definitions:

Modal Class

The category or class interval in a dataset that appears most frequently.

Histogram

A graphical representation of the distribution of numerical data, often used to visualize the frequency of data within bins.

Observations

Data points or values collected through measurement or research in a study.

Modal Class

The category or interval in a set of data with the highest frequency, often used in analyzing categorical or grouped numerical data.