Which of the Following Is Not an Advantage of Using

question 64

Multiple Choice

Which of the following is not an advantage of using a standard cost system?

• A)It eliminates the need for analysis of variances.
• B)It facilitates establishing an effective system of responsibility accounting.
• C)It requires an analysis of all aspects of operations.
• D)It helps management control costs.

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Definitions:

Observational Study

A research method involving the examination and recording of subjects' behavior in their natural environment without manipulation or control by the researcher.

Dyadic Friendships

Close relationships between two individuals characterized by mutual affection, communication, and support.

Close Friendships

Deep and intimate relationships formed between individuals, characterized by mutual affection and support.

Committed Friendships

Deep, enduring friendships characterized by mutual respect, affection, and a strong emotional bond.