The cost management information system is primarily concerned with producing outputs for external users.

Question

Quizplus · Accepted Answer

The cost management information system is primarily concerned with producing outputs for internal users, such as managers and decision-makers within an organization. Its purpose is to provide relevant and accurate cost-related information to aid in planning, controlling, and decision-making processes. Therefore, the statement is false.

The Cost Management Information System Is Primarily Concerned with Producing