The Part of the Accounting System That Measures Costs for the Purposes

question 44

Multiple Choice

The part of the accounting system that measures costs for the purposes of management decision making and financial reporting is referred to as

• A) period costing.
• B) cost accounting.
• C) system accounting.
• D) product costing.

---

Definitions:

Sarcoplasmic Reticulum

The Sarcoplasmic Reticulum is an organelle in muscle cells storing calcium ions, essential for muscle contraction and relaxation.

Tetanus

A bacterial infection characterized by muscle spasms, often starting in the jaw, due to toxins produced by Clostridium tetani.

Sarcoplasm

The cytoplasm of a muscle fiber, containing the cellular components necessary for muscle contraction.

Muscle Tone

The continuous and passive partial contraction of muscles, which helps maintain posture.