Question: this is a single questions, please answers all subpoints What is the difference between ideal and practical standards? Which standard generally is used in planning?

this is a single questions, please answers all subpoints What is

this is a single questions, please answers all subpoints

What is the difference between ideal and practical standards? Which standard generally is used in planning? What is meant by the term management by exception? What are some advantages of using standard costs? What are some disadvantages? What is the difference between ideal and practical standards? Which standard generally is used in planning? What is meant by the term management by exception? What are some advantages of using standard costs? What are some disadvantages

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