As part of its control function,a cost management system is useful for
Cost behavior VA/NVA activity A.ssigntment of joint
$\text {\underline{ analysis} }$ $\text {\underline{identification} }$ $\text {\underline{ costs to joint prochucts} }$
A)yes yes yes
B)no yes yes
C)yes no no
D)yes yes no

Question

As part of its control function,a cost management system is useful for
Cost behavior                    VA/NVA activity                A.ssigntment of joint
$\text {\underline{ analysis} }$                       $\text {\underline{identification} }$              $\text {\underline{ costs to joint prochucts} }$
A)yes yes yes
B)no yes yes
C)yes no no
D)yes yes no

Quizplus · Accepted Answer

A cost management system is useful for analyzing cost behavior, identifying value-added (VA) and non-value added (NVA) activities, and assigning joint costs to joint products. Therefore, all three options are useful and the correct choice is D which includes all three options.

As Part of Its Control Function,a Cost Management System Is analysis‾ \text {\underline{ analysis} } analysis​

As Part of Its Control Function,a Cost Management System Is $\text {\underline{ analysis} }$