A cost accounting system should be revised when: A) The existing cost accounting system could be updated,

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A cost accounting system should be revised when:

A) The existing cost accounting system could be updated, just to keep ahead

B) The existing cost accounting system does not produce information that reflects the way various products use scarce resources

C) A new system would be easier to understand but would not be reliable.

D) The existing cost accounting system provides information that is representative of operations.

E) Management wants to change the system even though the information is relevant and correct.

Related Book For answer-question

Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078111044

16th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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Posted Date: Apr 14, 2022 06:14 AM

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A cost accounting system should be revised when: A) The existing cost accounting system could be updated,

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Financial and Managerial Accounting the basis for business decisions

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