Question: Question 22 (2 points) Standards should be set by accountants, engineers and other management personnel. True False Question 23 (2 points) A standard level of

 Question 22 (2 points) Standards should be set by accountants, engineers

Question 22 (2 points) Standards should be set by accountants, engineers and other management personnel. True False Question 23 (2 points) A standard level of operation that can be attained with reasonable effort is called a currently attainable standard. True False Question 24 (2 points) If actual cost is greater than standard cost, the resulting variance is favorable. True False

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