The last step in developing operating budget is ____________?
Correct answer: B. implementing the decision
- A. implementing income
- B. implementing the decision
- C. efficient implementation
- D. effective implementationMonitor Fiscal Updates
Explanation
Once operating decisions have been developed, the final step is to implement those decisions through the operating budget. The other choices are awkward or incomplete versions of this idea.
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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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