A standard differs from a budget because a standard
A) is a predetermined cost.
B) contributes to management planning and control.
C) is a unit amount.
D) none of these; a standard does not differ from a budget.

Name: A standard differs from a budget because a standard A) is a predetermined cost. B) contributes to management planning and control. C) is a unit amount. D) none of these; a standard does not differ from a budget.
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Question

Quizplus · Accepted Answer

A standard is a unit amount, whereas a budget is a total amount.

A Standard Differs from a Budget Because a Standard