Accounting systems report:
A)only the total cost amounts.
B)only the average-cost per unit amounts.
C)both total-cost amounts and average-cost per unit amounts.
D)only average costs.
E)no cost amount data.

Question

Quizplus · Accepted Answer

Accounting systems typically report both the total cost amounts and the average cost per unit amounts in order to provide a complete picture of the costs incurred in a business operation. This information is important for financial analysis and decision-making processes.

Accounting Systems Report