Question: Select the True statements about Cost Reporting and Control. Group of answer choices Cost Reporting: Provides data in time for management to analyze the data

Select the True statements about Cost Reporting and Control.

Group of answer choices

Cost Reporting: Provides data in time for management to analyze the data and make corrections in a timely manner. Proactive.

Cost Control: Provides data in time for management to analyze the data and make corrections in a timely manner. Proactive.

Cost Control: Provides data after the opportunity has passed for management to respond to and correct the problems. Shows where the company has been.

Cost Reporting: Provides data after the opportunity has passed for management to respond to and correct the problems. Shows where the company has been.

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