Standard costs: (a) are imposed by governmental agencies. (b) are predetermined unit costs which companies use as
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Standard costs:
(a) are imposed by governmental agencies.
(b) are predetermined unit costs which companies use as measures of performance.
(c) can be used by manufacturing companies but not by service or not-for-profit companies.
(d) All of the above.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781118004234
1st Edition
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
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