Asked by
Alain Giroux
on Dec 04, 2024Verified
An accounting system that provides information that management can use to evaluate the profitability and/or cost effectiveness of a department's activities is a:
A) Departmental accounting system.
B) Cost accounting system.
C) Service accounting system.
D) Revenue accounting system.
E) Standard accounting system.
Cost Effectiveness
An assessment criterion to determine the best (lowest) cost option for achieving a specific set of results, often used in financial and budget planning.
- Understand and identify the positions and responsibilities linked to accounting and finance within corporate structures.
Verified Answer
SA
Learning Objectives
- Understand and identify the positions and responsibilities linked to accounting and finance within corporate structures.
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