Cost Accounting Systems Are Used to Supply Cost Data Information

question 45

True/False

Cost accounting systems are used to supply cost data information on costs incurred by a manufacturing process or department.

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Definitions:

Defective Corporation

A corporation about which an error or omission was made during its incorporation process.

Incorporator

An individual who applies for incorporation on behalf of a corporation.

Promoters

Individuals or companies that initiate and take the responsibility for setting up a business or company.

Government

The organization, or the apparatus, through which a political unit exercises authority and performs functions and which is usually classified as parliamentary or presidential.