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    Business
  3. Study Set
    Accounting for Business
  4. Exam
    Exam 10: Standard Costing and Variance Analysis
  5. Question
    A Standard Cost Is Just a Best Estimate of the Costs
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A Standard Cost Is Just a Best Estimate of the Costs

Question 24

Question 24

True/False

A standard cost is just a best estimate of the costs and revenues associated with a product or service.

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