Trends in Cost Management/cost Accounting Include All of the Following

question 103

Multiple Choice

Trends in cost management/cost accounting include all of the following except:

• A) reductions in the administrative costs of gathering data
• B) a trend toward job order cost systems and away from process cost systems
• C) adding a fourth cost category called direct technology
• D) reduction in the direct labor cost component

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Definitions:

Fundamentalists

Individuals or groups with strict adherence to the basic principles of any subject or discipline, often in a religious context.

Scriptures Literally

The interpretation of religious texts in a way that takes the words in their most basic sense, without metaphor or allegory.

Direct Personal Relationship

A close and immediate connection between individuals, characterized by direct communication or personal interaction.

Religiosity Indicator

A measure or sign used to assess the degree of religious fervor, belief, or involvement of an individual or group.