Which of the Following Statements About Cost Accounting Systems Is

question 69

Multiple Choice

Which of the following statements about cost accounting systems is FALSE?

• A)The cost accounting system provides the cost data that managers use for decision making.
• B)The cost accounting system is the most fundamental component of a cost management system.
• C)A cost accounting system that provides accurate information is a key success factor for all types of organizations.
• D)The cost accounting system does not provide data for financial reports.

---

Definitions:

Epidemiologic Study

Research aimed at investigating the distribution, determinants, and control of health and disease conditions in specific populations.

Causality

The relationship between cause and effect, where one event (the cause) directly produces another event (the effect).

Cross-Sectional Study

An observational study that analyzes data from a population, or a representative subset, at a specific point in time.

Causal Relationships

The connection between two events where one is the effect of the occurrence of the other, indicating a cause-and-effect linkage.