Cost data helps management to evaluate the impact of periodic cycles and demand fluctuations.

Question

Quizplus · Accepted Answer

Cost data allows management to track changes in expenses over time and identify patterns in the level of demand for the company's products or services. By analyzing the data, management can make necessary adjustments to their operations to minimize the impact of fluctuations on the company's financial performance.

Cost Data Helps Management to Evaluate the Impact of Periodic