In account analysis,users rely on the ________ for information about cost behavior.
A)management audit
B)performance report
C)value chain
D)accounting system

Question

Quizplus · Accepted Answer

In account analysis, users rely on the accounting system for information about cost behavior. The accounting system provides detailed information on past costs and their behavior, which can be analyzed to make predictions about future costs. It includes data on the cost of materials, labor, overhead, and other expenses, along with information on sales and revenue. This data is used to identify cost drivers and estimate how changes in activity levels will impact costs. Other options listed (management audit, performance report, value chain) may provide useful information but are not specifically designed to provide information on cost behavior.

In Account Analysis,users Rely on the ________ for Information About