________ use(s)the output of an activity-based cost accounting system to improve the operational control of an organization.
A) Cost accounting
B) Cost-volume-profit models
C) Activity-based management
D) Traditional costing system

Question

Quizplus · Accepted Answer

Activity-based management uses the output of an activity-based cost accounting system to identify opportunities to improve operational control, reduce costs, increase efficiency, and enhance profitability. Cost accounting and traditional costing system provide information on costs but do not focus on improving operational control. Cost-volume-profit models are used to predict how changes in sales volume, unit price, or cost will affect profit, but not to improve operational control.

________ Use(s)the Output of an Activity-Based Cost Accounting System to Improve