Standard costs: (a) are imposed by governmental agencies. (b) are predetermined unit costs which companies use as
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Standard costs:
(a) are imposed by governmental agencies.
(b) are predetermined unit costs which companies use as measures of performance.
(c) can be used by manufacturing companies but not by service or not-for-profit companies.
(d) All of the above.
AppendixLO1
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Accounting Tools For Business Decision Making
ISBN: 9781118771112
5th Edition
Authors: Kimmel, Wetlands, Kieso
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