An example of cost accounting information that is used in financial accounting is:
A) staff absentee rates
B) quality assurance processes
C) valuation of ending inventory
D) machine break down hours

Question

Quizplus · Accepted Answer

The valuation of ending inventory is a cost accounting information that is directly used in financial accounting to determine the cost of goods sold and to value the inventory on the balance sheet.

An Example of Cost Accounting Information That Is Used in Financial