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Which of the following is not an advantage of using standard costs? Question 2 1 options: It is a key element in a management by
Which of the following is not an advantage of using standard costs?
Question options:
It is a key element in a management by exception approach.
Standards that are viewed as unreasonable by employees can promote economy and efficiency.
Standard costs can greatly simplify bookkeeping.
All are advantages to using standard costs.
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