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:

Advocate

An advocate is a person who publicly supports or recommends a particular cause or policy, or in legal terms, one who represents a party in a court case.

Client's Claim

A demand or assertion made by a client, usually in a legal context, concerning their rights or assets.

Unbiased Analysis

An impartial examination or evaluation of data or facts, free from bias or favoritism.

Advocate

A person who publicly supports or recommends a particular cause or policy, or who argues for the adoption of laws or policies.