Accounting · Standard Costing Limitations
Which of the following is NOT a limitation of standard costing?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Frequent revision of standards
- 2Effective cost control mechanism✓
- 3Unsuitability for non-standardised production
- 4Difficulty in setting standards
Correct answer
Effective cost control mechanism
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