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Standard costs: Select one: a. allow a company to practice management by exception. b. provide management with a basis for performance evaluations. c. all of

Standard costs: Select one: a. allow a company to practice management by exception. b. provide management with a basis for performance evaluations. c. all of the other answers are correct. d. allow a manager to assess the efficiency of operations. e. if set correctly, can provide a motivational tool for employees.

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