Which of the following is a cost management subsystem designed to assign costs to individual products and services and other objects, as specified by management
A)financial accounting information system
B)operational control system
C)cost accounting information system
D)all of the above

Question

Quizplus · Accepted Answer

A cost accounting information system is specifically designed for assigning costs to individual products, services, and other objects as specified by management. The financial accounting information system is designed to provide financial information for reporting to external entities such as investors and regulators. An operational control system is designed to monitor and control ongoing business activities, but it may not necessarily be focused on cost assignment. Therefore, choice C is the best answer.

Which of the Following Is a Cost Management Subsystem Designed