A cost accounting system includes which of the following?

a. It is used with periodic inventory systems.
b. It generates timely information about inventory.
c. It is used to record costs of selling activities.

A cost accounting system helps in ascertaining the cost of creating or producing a good or service. Job order costing and process costing are the two types of systems. This system generates inventory information in real time.

Therefore, option b is correct.

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A cost accounting system includes which of the following? a. It is used with periodic inventory systems. b. It generates timely information about inventory. c. It is used to record costs of selling activities.

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What is the cost accounting system?

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A cost accounting system includes which of the following?

a. It is used with periodic inventory systems.
b. It generates timely information about inventory.
c. It is used to record costs of selling activities.