An accounting system that provides information that management can use to evaluate the profitability and/or cost effectiveness of a department's activities is a:
A) Departmental accounting system.
B) Cost accounting system.
C) Service accounting system.
D) Revenue accounting system.
E) Standard accounting system.

Question

Quizplus · Accepted Answer

A departmental accounting system is designed to track the financial performance of different departments within an organization, allowing management to evaluate their profitability and cost-effectiveness.

An Accounting System That Provides Information That Management Can Use