Cost accounting . A. measures the costs of acquiring or using resources in an organization B. communicates information to investors, banks, regulators, and other outside parties C. coordinates product design, production, and marketing decisions and evaluate a company's performance D. measures the financial and nonfinancial information that helps managers make decisions to fulfill the goals of an organization

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year