Knowing how costs change as output changes is essential to
A)planning and controlling.
B)controlling and decision making.
C)planning,controlling and decision making.
D)none of these are correct

Question

Quizplus · Accepted Answer

Understanding how costs change as output changes is important for all aspects of business, including planning, controlling, and decision making. It allows companies to accurately forecast costs and profits, make informed decisions about pricing and production levels, and control expenses to maximize profitability.

Knowing How Costs Change as Output Changes Is Essential to