costaccountingtestbankCh4.docVIP

 PAGE 67 Copyright ? 2012 Pearson Education Cost Accounting, 14e, Global Edition (Horngren/Datar/Rajan) Chapter 4 Job Costing Objective 4.1 1) Job costing information is used: A) to develop strategies B) to make pricing decisions C) for external financial reporting D) All of these answers are correct. Answer: D Diff: 1 Terms: job Objective: 1 AACSB: Reflective thinking 2) Product costing information is used by managers: A) to make decisions and strategy B) for planning and control C) for cost management D) All of these answers are correct. Answer: D Diff: 1 Terms: job-cost