Question: Identify the true statements about standards. Multiple select question. They can be developed and used for planning and control of both product costs and period

Identify the true statements about standards. Multiple select question. They can be developed and used for planning and control of both product costs and period costs. They can be developed and used only for planning and control of product costs in manufacturing organizations. They are used only by service organizations. They can be developed and used for qualitative goals in both manufacturing and service organizations

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