Question
QUESTION 28 Which of the following is a disadvantage of using standard costs? a. It doesn't assist in responsibility accounting. b. Favorable variances are not
QUESTION 28
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Which of the following is a disadvantage of using standard costs?
a. It doesn't assist in responsibility accounting.
b. Favorable variances are not always favorable.
c. None of the given choices are disadvantages of using standard costs.
d. Reasonable standards can be benchmarks for employees.
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Auditing A Practical Approach
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren
1st Extended Canadian Edition
1118878418, 9781118878415
