Broadly speaking, cost accounting can be defined as a(n)
a. external reporting system that is based on activity-based costs.
b. system used for providing the government and creditors with information about a company's internal operations.
c. internal reporting system that provides product costing and other information used by managers in performing their functions.
d. internal reporting system needed by manufacturers to be in compliance with Cost Accounting Standards Board pronouncements.
C
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Fill in the blank(s) with the appropriate word(s).
According to a Supreme Court ruling, performance appraisals are subject to the same validity criteria as selection procedures.
Answer the following statement true (T) or false (F)
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