Standard costs for products or services

Assignment Help Accounting Basics

Reference no: EM13154735

Once standard costs for products or services have been developed:

A. They must be updated monthly to be useful

B. The canbe used for more planning and control purposes

C. They need not be revised unless the product or service is modified

D. Performance reports must be issued if the standards are to be useful

Reference no: EM13154735

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