Calculation of product cost, gathering information for planning and analyzing information for decisions making are features of

The correct answer is: B. cost accounting

Cost accounting is a branch of accounting that focuses on the measurement, analysis, and reporting of costs. It is used to help businesses make informed decisions about pricing, production, and other areas.

Cost accounting can be used to calculate the cost of products, services, or activities. It can also be used to analyze costs to identify areas where costs can be reduced. Additionally, cost accounting can be used to report costs to management and other stakeholders.

The following are some of the features of cost accounting:

• Calculation of product cost: Cost accounting can be used to calculate the cost of products, services, or activities. This information can be used to set prices, make production decisions, and evaluate profitability.
• Gathering information for planning: Cost accounting can be used to gather information that is useful for planning. This information can be used to develop budgets, set targets, and make other planning decisions.
• Analyzing information for decisions making: Cost accounting can be used to analyze information to make decisions. This information can be used to make decisions about pricing, production, marketing, and other areas.

The other options are incorrect because they do not accurately describe the features of cost accounting.

• Information accounting: Information accounting is a broad term that can refer to any type of accounting that involves the collection, storage, and analysis of information. It is not specifically focused on costs.
• Analyzing accounts: Analyzing accounts is a part of the accounting process that involves reviewing financial statements to identify trends and patterns. It is not specifically focused on costs.
• Marketing costs: Marketing costs are the costs associated with promoting and selling products or services. They are not specifically related to cost accounting.