What is an example of using cost information for operational control?
A)determination of cost of goods sold for the income statement
B)identification of capital assets to acquire for expansion purposes
C)selection of value-chain function to emphasize in corporate mission
D)evaluation of process improvement efforts in a manufacturing process

Question

Quizplus · Accepted Answer

Evaluating process improvement efforts in a manufacturing process requires analyzing the cost information to identify and address any inefficiencies in the process. This helps in operational control as it reduces costs and improves overall efficiency. Options A, B, and C are not related to operational control in the same way as option D.

What Is an Example of Using Cost Information for Operational