Cost information for short-run decision making focuses on
A) what happened.
B) what is happening.
C) what will happen.
D) why it happened.

Question

Quizplus · Accepted Answer

Cost information for short-run decision making is used to make decisions about what will happen in the future, such as which products to produce, which resources to allocate, and which costs to control. This type of information is forward-looking, and is used to make decisions that will affect the company's operations and profitability in the short term.

Cost Information for Short-Run Decision Making Focuses on