Question
Which of the following differs cost accounting from financial accounting? to. Cost accounting addresses issues of product design, production, marketing strategies, while financial accounting focuses
Which of the following differs cost accounting from financial accounting?
to. Cost accounting addresses issues of product design, production, marketing strategies, while financial accounting focuses on assigning prices to products.
b. Cost accounting measures only financial information related to the costs of acquiring fixed assets, while financial accounting measures financial and non-financial information as they arise from transactions.
c. Cost accounting measures information related to the costs of acquiring or using resources in an organization, while financial accounting measures the financial position of a company for investors, banks, and third parties (external parties)
d. Users of cost accounting are investors while users of financial accounting are administrators.
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