Which of the following is not a problem associated with standard cost accounting?
a. Standard costing motivates management to produce 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.
e. All of the above are problems with standard costing.
E
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The Fair Debt Collection Practices Act requires that a collection agency make known certain rights of the debtor in a ________.
What will be an ideal response?
Medical _____ help diagnose patients and suggest treatments.
A. expert systems B. resource planning systems C. model systems D. data management modules
When setting personal goals, which of the following is key to setting longer term goals?
a. Set unreasonably hard goals b. Setting shorter-term goals/objectives c. Focus solely on the longer term goal d. Don’t focus on short term rewards
Well-trained salespeople can add value to the traditional retail shopping experience. Selling for a retailer might involve which of the following products?
A) personal computers, automobiles and assembly line robotics equipment B) photographic equipment, industrial specialties and recreational equipment C) fashion apparel, personal computers and recreational vehicles D) microchips, musical instruments and automobiles E) software back-end integration services, jewelry, and motorcycles