Economics · Standard Costing
Which of the following are consequences of using ideal standards? (1) Variance analysis is likely to produce adverse results. (2) Demotivation of staff usually becomes a problem. (3) Allowances for normal efficiency levels are made. (4) Can become useful for long-term targets.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 13 and 4
- 21, 2 and 4✓
- 31, 2 and 3
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Correct answer
1, 2 and 4
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