Reports generated by the cost accounting system include performance reports and budget reports.

Name: Reports generated by the cost accounting system include performance reports and budget reports.
Brand: Quizplus
Rating: 4.7 (36 reviews)

Question

Quizplus · Accepted Answer

Cost accounting systems generate various reports for management, including performance reports that compare actual costs to budgeted amounts and highlight areas of inefficiency, and budget reports that show projected costs for future periods.

Reports Generated by the Cost Accounting System Include Performance Reports