Cost accounting
A)is concerned with assigning costs to various cost objects.
B)attempts to satisfy the costing objectives of both financial accounting and management accounting.
C)provides cost information that supports planning, controlling, and decision making.
D)All of the above descriptions are true.

Question

Quizplus · Accepted Answer

All of the options listed are correct descriptions of cost accounting. It involves assigning costs to various cost objects, satisfies costing objectives of both financial and management accounting, and provides cost information that supports planning, controlling, and decision making.

Cost Accounting