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The management of a company is of the opinion that implementiona of a standard costing mechanism is a desirable vehicle for accomplishing the objectives
The management of a company is of the opinion that implementiona of a standard costing mechanism is a desirable vehicle for accomplishing the objectives of a progressive management. State some uses of standard costs that can be associated with the above decision. Are there any disadvantages?
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Intermediate Accounting
Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I
Volume 1, 6th Edition
1259103250, 978-1259103254, 978-0071339476
