Describe how cost information supports both of these


Question -

What types of cost information are reported to support managerial purposes and decisions?

Describe 2 major categories of purposes that are supported by cost information.

Describe how cost information supports both of these categories.

What is a cost object and how is it used by the management accountant?

Explain how to arrive at the derivation of cost?

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Accounting Basics: Describe how cost information supports both of these
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