Which Objective Listed Below Is Not a Cost Accounting Objective

question 10

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:

Homeostatic

Referring to the process of maintaining internal stability and balance within an organism or system in response to external changes.

Exploiting

Taking unfair advantage of a situation or person, often for personal gain and without consideration for ethical implications.

Symbiotic Relationship

A close, often long-term interaction between two different biological species, where each may benefit, one may benefit and the other is unaffected, or one benefits at the expense of the other.

Less Differentiated

Refers to entities or concepts that are not clearly distinguished or separated from each other.