Which of the Following Is Not a Problem Associated with Standard

question 46

Multiple Choice

Which of the following is not a problem associated with standard cost accounting?

• A)Standard costing discourages management from producing large batches of products and build inventory.
• B)Applying standard costing leads to product cost distortions in a lean environment.
• C)Standard cost data are associated with excessive time lags that reduce its usefulness.
• D)The financial orientation of standard costing may promote bad decisions.

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Definitions:

Borderline

Often refers to Borderline Personality Disorder (BPD), a mental health condition characterized by unstable moods, behavior, and relationships.

Stigma Consciousness

The expectation of being perceived by other people, particularly those in the majority group, in terms of one’s group membership.

Stereotype Threat

The concern that one might do something to confirm a negative stereotype about one’s group either in one’s own eyes or the eyes of someone else.

Disidentification

The process of disinvesting in any area in which one’s group traditionally has been underrepresented or negatively stereotyped.