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Cost information for performance evaluation & decisions

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Explain how cost accounting information is used for decision making and performance evaluation in organizations.

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Solution Summary

Your response is 153 words and describes three difference uses for cost information. A reference is given for exploring more uses.

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Cost accounting information is information used to figure out what items that you make cost you (ones you buy are easy to figure out the cost because you can see what you paid for it by looking at an invoice). Cost information helps you to figure out the cost of serving ...

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  • MSc, University of Virginia
  • PhD, Georgia State University
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