Cost accounting controls are divided into which broad categories?
A) Physical controls over raw materials, work in progress, finished goods and controls over related costs
B) Physical controls over finished goods and related costs
C) Physical controls over raw materials and work in progress
D) Physical controls over raw materials, work in progress and finished goods

Question

Quizplus · Accepted Answer

Cost accounting controls are broadly categorized into physical controls over raw materials, work in progress, finished goods, and controls over related costs, as these encompass the entire production process and associated expenses.

Cost Accounting Controls Are Divided into Which Broad Categories