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Setting standard costs are one of the most important items in creating a budget. Discuss who should be setting the standards? Why? What considerations should
Setting standard costs are one of the most important items in creating a budget. Discuss who should be setting the standards? Why? What considerations should the standards have? What should management consider as they set standards? How can they be used to motivate employees?
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th edition
1337270598, 978-1337270595
