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Which of the Following Is NOT an Advantage of Standard

Question 29

Multiple Choice

Which of the following is NOT an advantage of standard costing?


A) Standards are reported as specific figures but are treated by managers as ranges of acceptable performance
B) The setting of standard costs requires a careful analysis of operations
C) Standard costs provide a basis for measuring performance by assigning variances to the manager responsible
D) A standard cost system is compatible with the principle of management by exception

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