Question

The type of accounting, which reports financial and non-financial data about the cost of material and acquiring of resources is classified as

a.

material accounting

b.

cost accounting

c.

supplies accounting

d.

business accounting

Posted under Cost Accounting

Answer: (b).cost accounting

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. The type of accounting, which reports financial and non-financial data about the cost of material and acquiring of resources is classified as

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. An approach in which the managers use the resources to increase customer value is classified as

Q. An engineering of products or detailed planning of products or services is called

Q. The type of accounting which measures, reports and analysis of the non-financial and financial information to help in decision making is called

Q. The type of accounting which reports to external parties of the organization is known as

Q. The human resource management, IT management and management accountants are categorized under

Q. In cost benefit approach, the type of costs include

Q. In financial accounting, an emphasis and focus is considered as

Q. In value chain analysis, the selling and promotion to prospective customers is classified as

Q. In value chain analysis, the delivery of services or products to end customers is classified as

Q. An implementation of planning decisions and evaluating performance is classified as

Q. The continuous pressure of reducing the cost of products to be sold, is classified as

Q. The cost management technique which specially addresses strategic issues is classified as

Q. The purpose of financial accounting is

Q. An accounting which records and measures the business transactions and is followed by generally accepted accounting principles is classified as

Q. Some of the methods used for determining transfer prices are

Q. A situation when groups and individuals work together for achieving a particular goal can be classified as

Q. An exertion for achieving a set goal is known as

Q. If the opportunity cost per barrel is $45 per unit, incremental cost per barrel is $65, then minimum transfer price will be

Q. A desire to achieve a particular goal with pursuit of that goal is called

Q. The decision making methods, used for subunits of company are highly interdependent on each other is called

Recommended Subjects

Are you eager to expand your knowledge beyond Cost Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!