The way managers and employees who are affected by a standard cost system perceive the system will:
A) Be of little consequence on the success of the system if correctly implemented.
B) Generally be minimal in impact on the implementation of the system.
C) Affect its success or failure in implementing the system.
D) Be difficult to assess.
E) Not matter in the long run (e.g., because of competitive pressures).

Question

Quizplus · Accepted Answer

The way managers and employees perceive the standard cost system can significantly impact the success or failure of implementing the system. Managers and employees who do not understand or trust the system may resist its implementation, making it difficult to achieve the desired results. Therefore, it is crucial to address any concerns or misconceptions surrounding the system and ensure that everyone understands the benefits and how it works.

The Way Managers and Employees Who Are Affected by a Standard