Which system produces information used for inventory valuation,budgeting,cost control,performance reporting,and make-buy decisions?
A)sales order processing
B)purchases/accounts payable
C)cash disbursements
D)cost accounting

Question

Quizplus · Accepted Answer

Cost accounting is the system that produces information used for inventory valuation, budgeting, cost control, performance reporting, and make-buy decisions. Sales order processing pertains to the tracking of sales orders, purchases/accounts payable pertains to the tracking of purchases and payables, and cash disbursements pertains to the tracking of cash outflows.

Which System Produces Information Used for Inventory Valuation,budgeting,cost Control,performance Reporting,and