Question
QUESTION 15 (14) A hybrid costing system that is often used when manufacturing goods that have some common characteristics plus some individual characteristics is called:
QUESTION 15
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(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
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(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.
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