Which of the Following Is NOT an Advantage of Standard

question 43

Multiple Choice

Which of the following is NOT an advantage of standard costing?

• A) Standards are reported as specific figures but are treated by managers as ranges of acceptable performance
• B) The setting of standard costs requires a careful analysis of operations
• C) Standard costs provide a basis for measuring performance by assigning variances to the manager responsible
• D) A standard cost system is compatible with the principle of management by exception

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Definitions:

One-Level Living

A residential layout without stairs, facilitating easier movement for people with mobility issues.

Shopping Center

A complex or area that hosts multiple retail stores and commercial establishments where people can shop for various goods and services.

Safety Bars

Devices installed in bathrooms, hallways, or other areas to provide support and prevent falls.

Caregiver Role Strain

Emotional and physical stress experienced by caregivers due to the demands of caring for someone.