Standard Costs of Production Are the Basis for Operating Budgets

Multiple Choice

Standard costs of production are the basis for operating budgets, product prices, and control of production costs. As these areas develop, __________________ will become part of the ____________ -information system. Standard costs to create the time and place utilities will be calculable.

A) operations and traffic budgeting / technology
B) operations and distribution cost accounting / technology
C) purchasing and distribution cost accounting / accounting technology
D) purchasing and distribution cost accounting / technology
E) operations and warehouse budgeting / accounting