Solution-What primary accounting tools for planning cost

What primary accounting tools for planning cost

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Reference no: EM132666316

Problem 1: The primary accounting tools for planning and controlling costs for a cost center are:

a. cash flow statements and income statements.

b. balance sheets and statements of stockholders' equity.

c. budgets and budget performance reports.

d. income statements and balance sheets.

Problem 2: Which of the following expenses is considered to be an indirect expense to a profit center?

a. An electricity expense

b. legal fee

c. A utility expense

d. A sales salary

Reference no: EM132666316

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What primary accounting tools for planning cost

Reference no: EM132666316

Reference no: EM132666316

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