Which of the following is a use of cost information?
A)profitability analysis
B)performance evaluation
C)cost management
D)all of the options are uses of cost information

Question

Quizplus · Accepted Answer

All of the options are uses of cost information. Cost information can be used for profitability analysis to determine which products or services are most profitable, for performance evaluation to measure the efficiency of various areas of the company, and for cost management to identify areas where costs can be reduced or eliminated.

Which of the Following Is a Use of Cost Information