In Comparison to a General Accounting System for a Manufacturing

question 77

Multiple Choice

In comparison to a general accounting system for a manufacturing company, a cost accounting system places an emphasis on:

• A) Periodic inventory counts.
• B) Total costs.
• C) Continually updating costs of materials, goods in process, and finished goods inventories.
• D) Products and average costs.
• E) Large volume operations involving standardized products.