Which of the Following Statements About Cost Management Is True

question 115

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.

---

Definitions:

Card Reader

A device that reads data from a memory card, typically used for accessing photos from digital cameras or transferring data between devices.

Device Manager

A Windows Control Panel applet that lets you view and control the hardware attached to the computer.

Digitizer

A device or technology that converts analog information into digital form, often used with touchscreens and drawing tablets to input data into computers.

Input Device

Hardware used to enter data and control signals into a computer or other devices, such as keyboards, mice, and microphones.