Business Studies · Standard Costing
Standard costing provides which of the following benefits? (i) Targets and measures of performance (ii) Information for budgeting (iii) Simplification of inventory control systems (iv) Actual future costs
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1(i), (ii) and (iv) only
- 2(i), (iii) and (iv) only
- 3(ii), (iii) and (iv) only
- 4(i), (ii) and (iii) only✓
Correct answer
(i), (ii) and (iii) only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Business Studies?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Standard Costing MCQs →Want more practice questions on Standard Costing?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Business Studies · Standard Costing