Which of the following differentiates cost accounting and financial accounting? a. The primary users of...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Which of the following differentiates cost accounting and financial accounting?
a. The primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers.
FrageWhich of the following differentiates cost accounting and financial accounting?
b. Cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.
FrageWhich of the following differentiates cost accounting and financial accounting?
c. Cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions.
FrageWhich of the following differentiates cost accounting and financial accounting?
d. Cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties.
FrageWhich of the following differentiates cost accounting and financial accounting?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!