GENERAL KNOWLEDGE

COST ACCOUNTING ENTAILS THE PROVISION OF INFORMATION

  • A. for investment purposes
  • B. for decision making ✓
  • C. to shareholders
  • D. to stockholders

 

The answer to the question is: B. for decision making

Cost accounting entails the provision of information primarily for decision making. Cost accounting is a branch of accounting that deals with the recording, analysis, and allocation of costs associated with a business’s operations. The information provided by cost accounting is used by management to make informed decisions regarding various aspects of the business, such as pricing, budgeting, and resource allocation.

The trusting parrot and the schoolboy – my moral story. In 2020, the pope said : “china is not easy, but i am convinced that we should not give up dialogue.