For Each Item Listed, Select the Appropriate Purpose of Cost

question 93

Short Answer

For each item listed, select the appropriate purpose of cost allocation from the list below.A purpose may be used more than once.
A)To provide information for economic decisions
B)To motivate managers and other employees
C)To measure income and assets for reports to external parties
D)To justify costs or compute reimbursement amounts
-To cost inventories for reporting on a company's tax return

• A)To provide information for economic decisions
• B)To motivate managers and other employees
• C)To measure income and assets for reports to external parties
• D)To justify costs or compute reimbursement amounts
• -To cost inventories for reporting on a company's tax return

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Definitions:

Interacts

The act of two or more entities engaging with one another, affecting each other's behavior or state.

Others

Generally refers to other individuals or entities aside from the one(s) being primarily considered or discussed.

Neuroticism

Personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Openness

Refers to one's willingness to consider new ideas, be open to diverse experiences, and exhibit transparency in thoughts and actions.