Cost management is the branch of accounting concerned with reporting to
A) internal managers.
B) stockholders.
C) the government.
D) bankers.

Question

Quizplus · Accepted Answer

Cost management is primarily focused on providing information and analysis to internal managers to help them make informed decisions about how to allocate resources and manage costs within the organization. While cost management can also be useful for reporting to other stakeholders like stockholders or bankers, its primary purpose is to support internal decision-making.

Cost Management Is the Branch of Accounting Concerned with Reporting