The correct answer is: A. a-4, b-3, c-2, d-1
a. Cost control purposes
1. . . . . . . . . is a predetermined cost
* Standard cost is a predetermined cost. It is a cost that is set in advance of production and used to control costs.
b. Standard cost
2. Responsibility accounting fixes responsibility for . . . . . . . .
* Responsibility accounting is a system of accounting that assigns responsibility for costs to specific individuals or departments. This system helps to identify who is responsible for cost overruns and to take corrective action.
c. Integrates
3. Cost accounting guides future . . . . . . . .
* Cost accounting integrates key managerial functions. It provides information that is used for planning, controlling, and decision-making.
d. Production policies
4. Budgeting system . . . . . . . .
* A budgeting system is a system that is used to plan and control costs. It helps to ensure that costs are in line with budget targets.