Which of the following is not considered an advantage of using standard costs?
A) Standard costs can reduce clerical costs.
B) Standard costs can be useful in setting prices for finished goods.
C) Standard costs can be used as a means of finding fault with performance.
D) Standard costs can make employees "cost-conscious."

Question

Quizplus · Accepted Answer

Finding fault with performance can lead to negative consequences such as demotivating employees and creating a blame-oriented culture. It is important to use standard costs as a tool for improvement and not solely as a means of identifying fault.

Which of the Following Is Not Considered an Advantage of Using