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Standard Cost Systems Can Enhance Operational Control Through the Use

Question 69

Multiple Choice

Standard cost systems can enhance operational control through the use of


A) efficiency variances which indicate the need for corrective action.
B) price variances which indicate the need for better spending control.
C) standard costs which indicate the desired cost of a unit of input.
D) actual costs which indicate the price received for units sold.
E) All of these.

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