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Standards are:_______.
A. set for each major production input or task
B. rarely used outside of management accounting
C. benchmarks for measuring performance
D. compared to the actual quantities and costs of inputs

Respuesta :

Standards are benchmarks for measuring performance.

What is standard?

Standard is used to measure an individual or group performance.

It helps to know if an individual is doing exceptionally well or not.

Therefore, Standards are benchmarks for measuring performance and can be compared to the actual quantities and costs of inputs.

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