A Cost Accounting System Should Be Revised When

question 30

Multiple Choice

A cost accounting system should be revised when

• A)the existing cost accounting system provides information that is representative of operations.
• B)the existing cost accounting system could be updated, just to keep ahead.
• C)the existing cost accounting system does not produce information that reflects the way various products use scarce resources.
• D)management wants to change the system, even though the information is relevant and correct.
• E)a new system would be easier to understand but would not be reliable.

---

Definitions:

Fat Mass

The portion of the body's total weight that is made up of fat tissue, important for energy storage, insulation, and protection of organs.

Metabolic Syndrome

A cluster of conditions including increased blood pressure, high blood sugar, excess body fat around the waist, and abnormal cholesterol levels, which together increase the risk of heart disease, stroke, and diabetes.

Lipid Levels

The concentrations of fats or fat-like substances in the blood, such as cholesterol and triglycerides, important for assessing cardiovascular risk.

Insulin Resistance

A condition in which the body's cells become less responsive to insulin, leading to higher blood sugar levels and often associated with type 2 diabetes.