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2. Which of the following statements concerning standards is correct? A. Standards cannot be used for product costing and cash budgeting. B. Standards should not

2. Which of the following statements concerning standards is correct?

A. Standards cannot be used for product costing and cash budgeting.

B. Standards should not be attainable by the average worker.

C. Variances are likely when compared to actual results.

D. All of the above. E. None of these

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