A cost management system is the set ofprocedures used by managers to control costs.
举一反三
- 中国大学MOOC: The following statements relate to financial accounting or to cost and management accounting: (i) The main users of financial accounting information are external to an organisation. (ii) Cost accounting is part of financial accounting and establishes costs incurred by an organisation. (iii) Management accounting is used to aid planning, control and decision making. Which of the statements are correct?
- Which of the following costs is NOT an appraisal cost for quality control?
- Committed Fixed Costs are fixed costs that are locked in because of previous management decisions; management has little or no control over these costs in the short run. ( ) A: 对 B: 错
- Which of the following would be considered to be an investment centre? A: Managers have control over marketing. B: Management have a sales team. C: Management have a sales team and are given a credit control function. D: Managers can purchase capital assets and are given a credit control function.
- The following statements relate to financial accounting or to cost and management accounting: (i) The main users of financial accounting information are external to an organisation. (ii) Cost accounting is part of financial accounting and establishes costs incurred by an organisation. (iii) Management accounting is used to aid planning, control and decision making. Which of the statements are correct? A: (i) and (ii) only B: (i) and (iii) only C: (ii) and (iii) only D: (i), (ii) and (iii)