Which of the following is characteristic of the traditional cost system?
A) Many work in process account transactions.
B) Reliance on financial performance measures.
C) Many process control points.
D) All of the above.

Question

Quizplus · Accepted Answer

All of the above are characteristic of the traditional cost system. The traditional cost system is often transaction-based with many work in process account transactions, relies on financial performance measures such as net income, and has many process control points throughout the production process.

Which of the Following Is Characteristic of the Traditional Cost