Which One of the Following Is NOT a Reason for Using

question 12

Multiple Choice

Which one of the following is NOT a reason for using standard costs?

• A) To set performance targets
• B) To decrease accounting costs
• C) To increase sales volumes
• D) To make budgeting easier

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Definitions:

Federal Judicial Power

The authority granted to the federal courts and justices to interpret and apply the law in legal cases under the U.S. Constitution.

Article III

Refers to a section of the U.S. Constitution that establishes the judicial branch of the federal government.

Constitution

The basic laws and traditional practices that guide the operation of a government or another institution.

Original Jurisdiction

Original jurisdiction is the authority of a court to hear a case for the first time, as opposed to appellate jurisdiction.