A company may set standards for the maximum cost that should be incurred to produce a unit of product. Such cost standards are useful
A)In the planning budgeting process.
B)In evaluating how well manufacturing operations are managed.
C)Both in the planning budgeting process and in evaluating how well manufacturing operations are managed .
D)Neither in the planning budgeting process nor in evaluating how well manufacturing operations are managed.

Question

A company may set standards for the maximum cost that should be incurred to produce a unit of product. Such cost standards are useful 
A)In the planning budgeting process.
B)In evaluating how well manufacturing operations are managed.
C)Both in the planning budgeting process and in evaluating how well manufacturing operations are managed .
D)Neither in the planning budgeting process nor in evaluating how well manufacturing operations are managed.

Quizplus · Accepted Answer

The Answer of A company may set standards for the maximum cost that should be incurred to produce a unit of product. Such cost standards are useful 
A)In the planning budgeting process.
B)In evaluating how well manufacturing operations are managed.
C)Both in the planning budgeting process and in evaluating how well manufacturing operations are managed .
D)Neither in the planning budgeting process nor in evaluating how well manufacturing operations are managed.

A Company May Set Standards for the Maximum Cost That