Cost accountants provide a wide variety of services including
A) designing and implementing accounting information systems.
B) auditing reviews.
C) performing general accounting services.
D) analyzing the cost effectiveness of products produced and services provided.

Question

Quizplus · Accepted Answer

Cost accountants are primarily responsible for analyzing the cost effectiveness of products produced and services provided. This includes analyzing and tracking the costs of materials, labor, and overhead, as well as identifying areas where costs can be minimized or reduced. While they may also be involved in designing and implementing accounting information systems or performing general accounting services, their primary focus is on cost analysis and management.  Auditing reviews are typically performed by external auditors rather than cost accountants.

Cost Accountants Provide a Wide Variety of Services Including