________ is the part of the accounting system that measures costs for the purposes of management decision making and financial reporting.
A)Activity-based costing
B)Activity-based management
C)Cost accounting
D)Cost allocation

Question

Quizplus · Accepted Answer

Cost accounting measures costs for management decision making and financial reporting purposes. Activity-based costing and activity-based management are specific approaches within cost accounting, while cost allocation is a method to assign costs to specific products or services.

________ Is the Part of the Accounting System That Measures