menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Principles
  4. Exam
    Exam 25: Standard Costs and Balanced Scorecard
  5. Question
    A Standard Differs from a Budget Because a Standard
Solved

A Standard Differs from a Budget Because a Standard

Question 164

Question 164

Multiple Choice

A standard differs from a budget because a standard


A) is a predetermined cost.
B) contributes to management planning and control.
C) is a unit amount.
D) none of these; a standard does not differ from a budget.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q159: The use of an inexperienced worker instead

Q160: Which of the following statements about overhead

Q161: All Urban Company produces a product requiring

Q162: Allowances should not be made in the

Q163: The cost of freight-in<br>A) is to be

Q165: Income statements prepared internally for management often

Q166: Setting standard costs is relatively simple because

Q167: An overhead volume variance is calculated as

Q168: Monte Industries has a standard costing system.

Q169: Information on Jayhawk's direct labor costs

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines