1 All work codes that are included in cost control systems t

1. All work codes that are included in cost control systems tend to be hierarchial in nature, since this makes aggregation of data for reporting to higher levels within the company easier. True False

Solution

Ans true

set of cost accounts that might be used in building construction. Note that this set of accounts is organized hierarchically, with major divisions and numerous sub-divisions under each division. This hierarchical structure facilitates aggregation of costs and data.