What Is the Primary Objective of the Cost Management Information

question 54

Multiple Choice

What is the primary objective of the cost management information system?

• A)to provide shareholders and potential investors with useful information for decision making
• B)to provide banks and other creditors with information useful in making credit decisions
• C)to provide management with information useful for planning and control of operations
• D)to provide the Canada Revenue Agency with information about taxable income

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Definitions:

Perceived Pros

The benefits or positive aspects of a situation or decision as understood or interpreted by an individual.

Changing

The process of making or becoming different, often involving the adoption of new habits, perspectives, or behaviors.

Behavior Change

A process through which individuals modify their actions or reactions to achieve a specific health, social, or personal goal.

Intervention Strategy

A planned set of actions aimed at influencing change in individuals or systems, often used in health, education, and social policy.