Standard Cost Systems Can Enhance Operational Control Through the Use

question 69

Multiple Choice

Standard cost systems can enhance operational control through the use of

• A) efficiency variances which indicate the need for corrective action.
• B) price variances which indicate the need for better spending control.
• C) standard costs which indicate the desired cost of a unit of input.
• D) actual costs which indicate the price received for units sold.
• E) All of these.

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Definitions:

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The sensation of uncomfortable, difficult, or labored breathing.