Standard cost systems help managers budget and control costs are rarely used in practice in well-established businesses are based on what managers think costs should be help maintain consistency and quality
Standard cost systems help managers budget and control costs are rarely used in practice in well-established businesses are based on what managers think costs should be help maintain consistency and quality
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter11: Performance Evaluation And Decentralization
Section: Chapter Questions
Problem 3MCQ: A responsibility center in which a manager is responsible only for costs is a(n) a. investment...
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