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  3. Study Set
    Managerial Accounting Study Set 8
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    Exam 11: Standard Costs and Variances
  5. Question
    A Cost Benchmark Is Valid Only If the Standards Are
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A Cost Benchmark Is Valid Only If the Standards Are

Question 4

Question 4

Multiple Choice

A cost benchmark is valid only if the standards are


A) based on historical costs.
B) kept up to date.
C) reviewed by salaried assembly-line workers.
D) practical and attainable.

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