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    Business
  3. Study Set
    Cost Accounting
  4. Exam
    Exam 7: Flexible Budgets, Direct-Cost Variances, and Management Control
  5. Question
    Continuous Improvement Through the Use of Standard Costs Is the Process
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Continuous Improvement Through the Use of Standard Costs Is the Process

Question 84

Question 84

True/False

Continuous improvement through the use of standard costs is the process of repeatedly identifying the causes of variances, taking corrective actions, and evaluating results.

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