What is the primary objective of the cost management information system?
A)to provide shareholders and potential investors with useful information for decision making
B)to provide banks and other creditors with information useful in making credit decisions
C)to provide management with information useful for planning and control of operations
D)to provide the Canada Revenue Agency with information about taxable income

Question

Quizplus · Accepted Answer

The primary objective of the cost management information system is to provide management with information useful for planning and control of operations, which includes managing costs and improving profitability. While providing information for decision making, credit decisions, and tax purposes may be secondary objectives, they are not the primary objective.

What Is the Primary Objective of the Cost Management Information