MCQ

A cost accounting system should be revised when;

A) The exsisting 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 representiative of operations.

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