________ Guides the Evolution,expansion and Integration of Information Systems,digital Technology,and

question 66

Multiple Choice

________ guides the evolution,expansion and integration of information systems,digital technology,and business processes.

• A)Data governance
• B)Master data management
• C)Enterprise architecture
• D)Data standardization

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Definitions:

Standard Cost System

An accounting system that assigns predetermined costs to products and services, which are then compared to actual costs for variance analysis.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and are a significant portion of production costs.

Raw Materials Inventory

The stock of basic materials that are used in production but have not yet been processed.

Standard Costs

Predetermined or budgeted costs for materials, labor, and overhead, used as benchmarks to measure actual performance and manage costs.