Cost management has evolved from a focus on measurement to one of identifying those measures that are critical to the organization’s success. Given this new focus, indicate which one of the following types of cost management systems cost managers are likely to be striving for.

a. Basic transaction reporting systems

b. A system that focuses on reliable financial reports

c. A system that tracks key operating data and develops accurate cost information

d. A system in which strategically relevant cost management information is an integral part