QUESTION 15

1. (14) A hybrid costing system that is often used when manufacturing goods that have some common characteristics plus some individual characteristics is called:

   	A.	activity-based costing.
   	B.	target costing.
   	C.	operations costing.
   	D.	process costing.

3 points

QUESTION 16

1. (15) Which of the following statements about the design of the cost systems is incorrect?

   	A.	Cost systems should have a decision focus.
   	B.	Cost information for managerial purposes must meet the cost-benefit test.
   	C.	Different cost information is used for different purposes.
   	D.	The cost system should be tailored to the needs of accountants.