Which of the Following Is Not an Objective of Product

question 93

Multiple Choice

Which of the following is not an objective of product costing systems?

• A)To provide information for cost planning
• B)To assist in the preparation of the income statement
• C)To determine the taxable profits
• D)To provide information for product pricing

---

Definitions:

Revising the Report

The process of critically reviewing and making necessary corrections or improvements to a report.

Submitting the Report

The act of presenting or delivering a report for review and consideration by others, typically in a formal or professional context.

Concluding Paragraph

The final section of a piece of writing, summarizing the main points and providing closure.

Chronological Account

A chronological account presents events or developments in the order they occurred over time, offering a sequential narrative or historical record.