Economics · Standard Costing
Which of the following are consequences of using ideal standards in standard costing? 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. Standards can become more useful for long-term targets. Choose the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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1 and 2 only
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