A refined costing system results in a better measure of the nonuniformity of a company's resources by jobs, products, or services than by using broad averages to assign costs.

Question

Quizplus · Accepted Answer

A refined costing system allows for more precise allocation of costs to specific jobs, products, or services, and therefore provides a better measure of the nonuniformity of a company's resources in relation to those specific areas. Broad averages can mask important variations and cause inaccurate accounting.

A Refined Costing System Results in a Better Measure of the Nonuniformity