Which of the Following Is an Advantages of Using Standard

question 158

Multiple Choice

Which of the following is an advantages of using standard costs and variances?

• A)Standard costs are benchmarks that managers use to judge actual costs.
• B)Maintaining updated standards is inexpensive.
• C)The timeliness that occurs when computing standards monthly.
• D)Price and efficiency variances motivate front-line employees more than operational performance measures.