Which Objective Listed Below Is Not a Cost Accounting Objective

question 48

Multiple Choice

Which objective listed below is not a cost accounting objective for the production cycle?

• A) provide information for planning, controlling, and evaluating the performance of production operations
• B) provide cost data about products used in pricing and product mix decisions
• C) collect and process the information used to calculate inventory and cost of goods sold amounts that appear in the financial statements
• D) provide tests of audit control functions as part of the AIS

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Definitions:

Domestic Output

The total value of all goods and services produced within the borders of a nation over a specific period of time.

Pre-migration

The period or processes occurring before the migration of individuals or groups from one place to another.

Immigration

Moving to a different country with the intention of living there on a permanent basis.

Skill Transferability

The extent to which skills acquired in one context or job can be effectively applied to another.