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Cost Concepts and The Cost Accounting Information System Questions

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9/4/2020 COST CONCEPTS AND THE COST ACCOUNTING INFORMATION SYSTEM COST CONCEPTS AND THE COST ACCOUNTING INFORMATION SYSTEM Your email address (2200519@slu.edu.ph) will be recorded when you submit this form. Not you? Switch account * Required A cost accounting information system necessarily should accomplish all 1 point of the following except: * reflect the division of authority so that individual managers can be held accountable provide management with information that facilitates prompt identification of activities needing attention be more sophisticated than is required by legal, regulatory, and contractual requirements be tailored to give the most efficient blend of sophistication and simplicity focus management's attention Cost classifications are based on the relationship of costs to all of the following except: * 1 point ledger accounts accounting periods products volume of production manufacturing departments https://docs.google.com/forms/d/e/1FAIpQLSeVcWOHPYIRVamwfanIWNFcTZzkAk7WCI8EqRhNAtDzKXuhRw/viewform?urlBuilderDomain=slu.edu.ph&hr_submission=ChkI4rvs57sBEhAIgsGglYgEEgcI9_zsk9cD… 1/8 9/4/2020 COST CONCEPTS AND THE COST ACCOUNTING INFORMATION SYSTEM Direct materials and direct labor are considered to be: * 1 point selling expenses prime costs administrative expenses conversion costs factory overhead Depreciation on factory buildings and equipment is classified as: * 1 point selling expense administrative expense direct labor indirect materials ...
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