Once Standard Costs for Products or Services Have Been Developed

question 57

Multiple Choice

Once standard costs for products or services have been developed:

• A)they must be updated monthly to be useful.
• B)they can be used for more than planning and control purposes.
• C)they need not be revised unless the product or service is modified.
• D)performance reports must be issued if the standards are to be useful.

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Definitions:

Aggravated Menacing

is a criminal offense that involves threatening harm to another individual with the intent to cause fear or harm, in a manner more severe than simple menacing.

Violence

The use of physical force with the intent to injure, damage, or kill.

Arson

is the criminal act of deliberately setting fire to property, typically with malicious intent or to claim insurance money.

Cyber-stalking

Utilizing the internet or digital methods to pursue or bother a person, group, or organization.