All of the following statements regarding standards are accurate except: a. Standards allow management to budget at

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All of the following statements regarding standards are accurate except:

a. Standards allow management to budget at a per-unit level.

b. Ideal standards account for a minimal amount of normal spoilage.

c. Participative standards usually take longer to implement than authoritative standards.

d. Currently attainable standards take into account the level of training available to employees.

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Horngrens Cost Accounting A Managerial Emphasis

ISBN: 978-0134475585

16th edition

Authors: Srikant M. Datar, Madhav V. Rajan

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