Cost Accounting Information Is Used for Both External Reporting and Internal

question 95

True/False

Cost accounting information is used for both external reporting and internal decision making.

---

Definitions:

Attractiveness

The quality of being pleasing or appealing to the senses, particularly in a physical or aesthetic sense.

Propinquity Effect

The tendency for people to form close relationships with those who are geographically close to them.

Attracted

A feeling or response of being drawn towards someone or something due to their qualities, appearance, or characteristics.

Evolutionary History

The record of biological changes and adaptation in organisms over time, shaping their genetic and phenotypic characteristics.