Examlex
The _____ occurs when an individual searches for only evidence that will confirm his or her beliefs.
Favorable
A term usually used in finance and accounting to describe results that are better than anticipated or that result in a benefit.
Standard Direct Materials Costs
The budgeted or standard cost of the raw materials required to produce a unit of product.
Standard Price
A predetermined cost that companies use to budget and evaluate the performance of actual costs.
Standard Quantity
The established amount of materials or inputs expected to be used in the production of a good or service.
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