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Which of the following statements are true? Multiple select question. Standards are only used in managerial accounting. The purpose of using standards is to assess
Which of the following statements are true? Multiple select question. Standards are only used in managerial accounting. The purpose of using standards is to assess blame and responsibility. Standards provide information for measuring performance. When actual results depart significantly from the standard, the reasons why should be investigated.
Which of the following statements are true?
Multiple select question.
Standards are only used in managerial accounting.
The purpose of using standards is to assess blame and responsibility.
Standards provide information for measuring performance.
When actual results depart significantly from the standard, the reasons why should be investigated.
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Accounting Information Systems
Authors: James A. Hall
5th Edition
0324312954, 9780324312959
