One Feature of a Standard Cost System Is That It

question 81

Multiple Choice

One feature of a standard cost system is that it:

• A) makes the record keeping process more complex and difficult.
• B) never requires updating if standard costs have been carefully determined.
• C) reduces the amount of information available to a manager.
• D) simplifies the record keeping process by allowing amounts to be carried at standard cost rather than actual cost in the accounting records.

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Definitions:

Negative Messages

Communications that convey denials, rejections, or unfavorable information.

Uncertain Conclusion

A conclusion that is not definite or assured, often because of incomplete or ambiguous information.

Optimistic Future

A hopeful outlook towards future events, believing in positive outcomes.

Sincere

Sincere describes a quality of being genuine, honest, and free from pretense or deceit in one's actions or expressions.