Question: if it's true or false with explanation. 1 - Cost accounting measures and reports short-term, long-term, financial, and non financial information. 2- The broader the
if it's true or false with explanation. 1 - Cost accounting measures and reports short-term, long-term, financial, and non financial information. 2- The broader the cost object definition, higher the proportion of direct costs are of total costs. 3- In each period, job costing divides the total cost of producing an identical or similar product produced in batches by the total number of units 4- Job-costing and process-costing are mutually exclusive, hence a hybrid costing system that combines elements of both job and process costing cannot be used. produced to obtain a per-unit cost. 3
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