51. Which of the following is not an advantage typically associated with standard costs? a. Standard costs facilitate cash planning and inventory planning. b. Standard costs facilitate income determination and record keeping. c. Standard costs are equally applicable to companies operating in an automated environment as to companies where automation is not a major factor. d. Standard costs are fundamental to responsibility accounting.

51. Which of the following is not an advantage typically associated with standard costs? a. Standard costs facilitate cash planning and inventory planning. b. Standard costs facilitate income determination and record keeping. c. Standard costs are equally applicable to companies operating in an automated environment as to companies where automation is not a major factor. d. Standard costs are fundamental to responsibility accounting.

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