Which objective listed below is not a cost accounting objective for the production cycle?
A)Provide information for planning,controlling,and evaluating the performance of production operations.
B)Provide cost data about products used in pricing and product mix decisions.
C)Collect and process the information used to calculate inventory and cost of goods sold amounts that appear in the financial statements.
D)Provide tests of audit control functions as part of the AIS.

Question

Quizplus · Accepted Answer

Providing tests of audit control functions as part of the AIS is not a cost accounting objective for the production cycle. The other objectives listed (A, B, and C) are cost accounting objectives for the production cycle.

Which Objective Listed Below Is Not a Cost Accounting Objective