Managers use cost accumulation data to make decisions and implement them.

Question

Quizplus · Accepted Answer

Managers need cost accumulation data to determine the costs of different activities and operations within the organization. This information is used to make decisions about resource allocation, product pricing, and cost-cutting measures. Therefore, it is important for managers to have accurate and up-to-date cost accumulation data to support decision-making and implementation.

Managers Use Cost Accumulation Data to Make Decisions and Implement