Which of the Following Statements About Cost Management Is TRUE

question 55

Multiple Choice

Which of the following statements about cost management is TRUE?

• A)It requires that managers actively strive to increase revenues.
• B)It only focuses on inventoriable costs.
• C)It is not affected by the organization's customers.
• D)It only applies to period costs.
• E)It requires efficient management of the use of the cost drivers in the value-added activities.

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Definitions:

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A U.S. federal government agency established in 1865 to aid freed slaves in the South during the Reconstruction era.