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  3. Study Set
    Cost Management Study Set 1
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    Exam 14: Operational Performance Measurement: Sales, Direct-Cost Variances, and the Role of Nonfinancial Performance Measures
  5. Question
    Authoritative Standards (Within the Context of a Standard Cost System)
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Authoritative Standards (Within the Context of a Standard Cost System)

Question 83

Question 83

Multiple Choice

Authoritative standards (within the context of a standard cost system) are determined primarily by:


A) A defined subset of the board of directors of a company.
B) Employees.
C) Negotiation.
D) A two-way information flow.
E) Managers.

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