A Managerial Accountant 1) Does Not Participate in the Standard Setting Process

question 222

Multiple Choice

A managerial accountant
1) does not participate in the standard setting process.
2) provides knowledge of cost behaviors in the standard setting process.
3) provides input of historical costs to the standard setting process.

• A) 1
• B) 2
• C) 3
• D) 2 and 3