Question: Standards differ from budgets in that Select one: a.budgets but not standards may be used in valuing inventories. b.only budgets contribute to management planning and
Standards differ from budgets in that
Select one:
a.budgets but not standards may be used in valuing inventories.
b.only budgets contribute to management planning and control.
c.budgets but not standards may be journalized and posted.
d.budgets are a total amount and standards are a unit amount.
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