The primary objective of the cost management information system is to provide
A)stockholders and potential investors with useful information for decision making.
B)banks and other creditors with information useful in making credit decisions.
C)management with information useful for planning and control of operations.
D)the Internal Revenue Service with information about taxable income.

Question

Quizplus · Accepted Answer

The primary objective of the cost management information system is to provide management with information useful for planning and control of operations. The system is designed to help management understand the costs associated with various products or services, identify areas where costs can be reduced, and make decisions that improve profitability. While the other options may also benefit from the information provided by the system, they are not the primary objective.

The Primary Objective of the Cost Management Information System Is