The Following Are Benefits of a Standard Cost System Except

question 37

Multiple Choice

The following are benefits of a standard cost system except:

• A) consistently costed products.
• B) assists in identification of manufacturing inefficiencies.
• C) will result in reducing accounting workload.
• D) can be used as a basis for setting selling prices.

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Definitions:

In-Cell Editing

A feature that allows users to directly type or modify the content inside a spreadsheet cell.

Errors

Mistakes or inaccuracies in data, calculations, or actions that lead to incorrect results or outcomes.

Selects Cell A1

Refers to the action of clicking on or highlighting the cell in the first row and first column of a spreadsheet.

Insertion Point

The cursor's location in a text document, where new text or objects will be inserted.