What Is the Cost Management Information System Concerned With

question 238

Multiple Choice

What is the cost management information system concerned with?

• A)reporting financial information according to GAAP
• B)providing cost information that is used in planning,control,and decision making
• C)reporting to external users
• D)providing financial information to investors

---

Definitions:

Recreational Activities

Leisure time activities performed for enjoyment, amusement, or pleasure.

College Education

A level of education beyond high school, typically involving the pursuit of a degree at a college or university.

Financial Stability

A situation in which an individual or entity is able to meet its financial obligations on time without the risk of default.

Widowhood

The state of having lost one's spouse through death, which can have significant psychological, social, and financial impacts.