An expected performance of the company is also known as ____________?
Correct answer: C. budgeted performance
- A. price requirements
- B. supply requirements
- C. budgeted performance
- D. demand requirements
Explanation
Budgeted performance is the expected level of performance established in advance through the budgeting process. Price, supply, and demand requirements are not names for expected company performance.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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