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    Exam 11: Standard Costs and Variances
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    The Type of Standard That Provides Allowances for Normal Amounts
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The Type of Standard That Provides Allowances for Normal Amounts

Question 244

Question 244

Multiple Choice

The type of standard that provides allowances for normal amounts of waste and inefficiency in the production process is referred to as a(n)


A) ideal standard.
B) perfection standard.
C) realistic standard.
D) practical standard.

Correct Answer:

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