Which of the Following Is a Reason Companies Use Standard

question 4

Multiple Choice

Which of the following is a reason companies use standard costs?

• A) to enhance customer loyalty
• B) to ensure the accuracy of the financial records
• C) to share best practices with other companies
• D) to identify performance standards

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Definitions:

Startled

A sudden, involuntary reaction to surprise or fear.

Loud Noises

High volume sounds that can potentially harm hearing or cause hearing loss over prolonged exposure.

Age

The length of time that a person or thing has existed, often used as a factor in determining maturity, eligibility for services, or the like.

Eustachian Tube

An opening in the middle ear, leading to the back of the throat, that helps equalize air pressure on both sides of the eardrum.