Question: When testing standard costing used by companies as the basis for inventory costing, the auditor attempts to ensure the costs are (Several choices may be

When testing standard costing used by companies as the basis for inventory costing, the auditor attempts to ensure the costs are (Several choices may be correct.)

a reflection of the ideal costs management desires.

reviewed regularly by management.

revised to reflect current conditions.

reviewed by external legal counsel.

realistically attainable.

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