Which of the Following Statements About Cost Accounting Systems Is

Multiple Choice

Which of the following statements about cost accounting systems is FALSE?

A) The cost accounting system provides the cost data that managers use for decision making.
B) The cost accounting system is the most fundamental component of a cost management system.
C) A cost accounting system that provides accurate information is a key success factor for all types of organizations.
D) Some types of organizations do not need cost accounting systems.