The scope of cost accounting
A)is restricted to simply methods in costing products for businesses.
B)analyzes the activities and transactions of every aspect of an organization's value chain.
C)includes the preparation of financial information and reports primarily for external users.
D)focuses on the preparation of financial information and reports that follow GAAP rules.

Question

Quizplus · Accepted Answer

The scope of cost accounting analyzes the activities and transactions of every aspect of an organization's value chain.

The Scope of Cost Accounting