Which of the following aspects of designing a costing system is a higher-level and more subjective activity?

Question

Quizplus · Accepted Answer

Assessing cost/benefit trade-offs of different systems is a higher-level and more subjective activity compared to other options listed as it involves considering various factors such as the purpose of the system, the level of detail required, and the cost and effort involved in implementing and maintaining the system. Meanwhile, the other options are more technical aspects of designing a costing system that involve identifying and allocating costs to different cost objects, departments, or jobs based on predetermined criteria.

Which of the Following Aspects of Designing a Costing System