The cost accounting module of accounting application ________.
A) determines, for internal users, how much it costs the company to provide specific products or services
B) keeps records and reports financial results to investors, creditors, and other external users
C) assists management in quantifying goals for revenues and expenses; tracks progress toward meeting those goals
D) manages retained earnings, dividends payments, and long-term financing (equity offerings and borrowing)

Question

Quizplus · Accepted Answer

The cost accounting module focuses on determining the cost of providing specific products or services for internal users. Options B, C, and D describe other accounting modules or functions.

The Cost Accounting Module of Accounting Application ________