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Which of the Following Is Not a Problem Associated with Standard

Question 46

Multiple Choice

Which of the following is not a problem associated with standard cost accounting?


A) Standard costing discourages management from producing large batches of products and build inventory.
B) Applying standard costing leads to product cost distortions in a lean environment.
C) Standard cost data are associated with excessive time lags that reduce its usefulness.
D) The financial orientation of standard costing may promote bad decisions.

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