A Standard Cost Is

question 156

Multiple Choice

A standard cost is

• A) a cost which is paid for a group of similar products.
• B) the average cost in an industry.
• C) a predetermined cost.
• D) the historical cost of producing a product last year.

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Definitions:

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A metric used to evaluate the risk-adjusted return of an investment portfolio, indicating how much excess return you receive for the extra volatility of holding a riskier asset.