Question: Write a report based on the following aspects: The introduction of standard costing system. The description on the importance of standard costing system as a

Write a report based on the following aspects:

  1. The introduction of standard costing system.
  2. The description on the importance of standard costing system as a management and cost control tool.
  3. The implication of standard costing system in evaluating performance of an organisation.

The discussion should be based on four published references (book or journal article).

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