Concept, which states that resources are used to meet particular goals is
A. cost incurrence
B. valued incurrence
C. locked incurrence
D. non valued incurrence
Answer: Option A
Solution(By Examveda Team)
Concept, which states that resources are used to meet particular goals is cost incurrence. Cost incurrence refers to the receipt of goods or services at a bargained price in an exchange.This Question Belongs to Management >> Management Accounting
Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
Join The Discussion