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14 October, 07:44

A cost accounting system includes which of the following?

a. It is used with periodic inventory systems.

b. It generates timely information about inventory.

c. It is used to record costs of selling activities.

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Answers (2)
  1. 14 October, 07:48
    0
    c. It is used to record costs of selling activities.

    Explanation:

    Cost Accounting Provides the cost of all the activities involved in the selling activities like production cost and all operational costs. It Measure and reports all the of all costing units. It also assesses cost structure of every the organization. It is not associated with any any particular type of Inventory costing system, It deals with all accounting systems.
  2. 14 October, 08:11
    0
    it generates timely information about inventory
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Home » Business » A cost accounting system includes which of the following? a. It is used with periodic inventory systems. b. It generates timely information about inventory. c. It is used to record costs of selling activities.
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