Which of the following statements is false?
A) Information for some costs cannot easily be obtained from the accounting information system.
B) Useful cost information is rarely available from the accounting information system.
C) The accounting system design affects the availability of useful cost information.
D) The nature of cost information affects its usefulness for decision-making.

Question

Quizplus · Accepted Answer

Option B is false because useful cost information can be obtained from the accounting information system. It may require some additional analysis or manipulation, but the information is typically available. Options A, C, and D are true statements. Some cost information may not be easily accessible, the accounting system design can impact the availability of cost information, and the nature of cost information can affect its usefulness for decision-making.

Which of the Following Statements Is False