Question: Standard Costs ____________________. Select one or more: a. are primarily used to create external financial statement b. are imposed by governmental agencies. c. are predetermined

Standard Costs ____________________.

Select one or more:

a. are primarily used to create external financial statement

b. are imposed by governmental agencies.

c. are predetermined units costs which companies use as measures of performance.

d. can be used by manufacturing companies but not by service or not-for-profit companies.

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