Multiple Choice
How many of these are considered to be benefits of standard costing?
? It makes employees more aware of the impact of costs on operations
? It serves as a target against which to evaluate performance
? It is a cheap way of valuing inventory
? It eliminates the need to compute variances
A) One
B) Two
C) Three
D) Four
Correct Answer:
Verified
Correct Answer:
Verified
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