Which of the Following Is NOT a Disadvantage of Standard

question 136

Multiple Choice

Which of the following is NOT a disadvantage of standard costing?

• A) Standard costing must change as conditions change
• B) Standard costs are not useful for certain types of businesses
• C) The setting of standard costs requires an analysis of cost behavior and a determination of the components of manufacturing overhead costs
• D) It is easy to misinterpret the causes of a variance because so many factors are involved

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Definitions:

Memory Tests

Assessments used to evaluate a person's ability to encode, store, and retrieve information, often used in cognitive and psychological research.

Young Adults

Individuals in the transitional age from late adolescence to full adulthood, often defined as ages 18 to 25.

Older Adults

Individuals typically considered to be of an age that is considered beyond middle age, often characterized as ages 65 and older, focusing on the later stages of life and associated changes.

Time of Day

The specific moment in the day typically indicated by hours and minutes.