Setting standard costs is a function done within a company's production department and does not require any input from other departments.

Name: Setting standard costs is a function done within a company's production department and does not require any input from other departments.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Setting standard costs may require input from other departments such as accounting, purchasing, and marketing to ensure accuracy and completeness of data used in setting the standards.

Setting Standard Costs Is a Function Done Within a Company's