What is the cost management information system concerned with?
A)reporting financial information according to GAAP
B)providing cost information that is used in planning,control,and decision making
C)reporting to external users
D)providing financial information to investors

Question

Quizplus · Accepted Answer

The cost management information system is focused on providing cost information that is essential in planning, controlling, and decision making within an organization. It helps in improving cost efficiency and profitability. The other options such as reporting financial information according to GAAP, reporting to external users, and providing financial information to investors are part of the financial accounting information system.

What Is the Cost Management Information System Concerned With