Question
A standard differs from a budget because a standard a) is a predetermined cost. b) contributes to management planning and control. c) is a unit
A standard differs from a budget because a standard
a) is a predetermined cost.
b) contributes to management planning and control.
c) is a unit amount.
d) none of these; a standard does not differ from a budget.
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Cornerstones of Financial and Managerial Accounting
Authors: Rich Jones, Mowen, Hansen, Heitger
1st Edition
9780538751292, 324787359, 538751290, 978-0324787351
