Question

Select the best answer to complete the sentence: An effective cost accounting system should match processes that consume resources with the associated _____ in order to maintain competitive advantage. Multiple Choice Shareholders Sales Activities Costs

Answer 1

Answer:

Costs

Explanation:

The reason is that cost accounting can only generat competitive advantages if it is calculates the associated costs to each unit products of product porfolio in a better way. (which is activity based costing discussed in the "fill in the blank" questions.) So if the costs are all better calculated and obviously the decision made would be better. So the value generated will be higher and higher efficient procedures and product manufacturing operations will be kept continued to control the costs to restrain the competitive advantages.