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:

Surface Structure

refers to the literal arrangement of words in a sentence as it is spoken or written, in contrast to the deeper, underlying meaning.

Rated Least Positively

Evaluated or assessed as having the lowest degree of approval or favorability.

Building Blocks

Fundamental components or basic units from which larger structures, systems, or concepts are constructed.

Thought

The mental process of considering or reasoning about something; an idea or opinion produced by thinking or occurring suddenly in the mind.