For calculating the costs of products and services, a standard costing system:
A)only requires a simple recording system
B)uses standard costs to determine the cost of products
C)does not have to keep track of actual costs
D)All of these answers are correct.

Question

Quizplus · Accepted Answer

The Answer of For calculating the costs of products and services, a standard costing system:
A)only requires a simple recording system
B)uses standard costs to determine the cost of products
C)does not have to keep track of actual costs
D)All of these answers are correct.

For Calculating the Costs of Products and Services, a Standard