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  3. Study Set
    Management Accounting Study Set 6
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    Exam 8: Flexible Budgets, Standard Costs and Variance Analysis
  5. Question
    Standards May Be Derived Using
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Standards May Be Derived Using

Question 62

Question 62

Multiple Choice

Standards may be derived using:


A) historical data
B) the assistance of industrial engineers
C) benchmarking
D) all of the above

Correct Answer:

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