Which objective listed below is not a cost accounting objective for the production cycle?
A) provide information for planning, controlling, and evaluating the performance of production operations
B) provide cost data about products used in pricing and product mix decisions
C) collect and process the information used to calculate inventory and cost of goods sold amounts that appear in the financial statements
D) provide tests of audit control functions as part of the AIS

Question

Quizplus · Accepted Answer

Providing tests of audit control functions is not a cost accounting objective for the production cycle, but rather a function of the accounting information system's (AIS) control and compliance objectives. The other options, A, B, and C, are all valid cost accounting objectives for the production cycle.

Which Objective Listed Below Is Not a Cost Accounting Objective