Give examples of the strengths and weaknesses inherent in the use of standards for planning, control...

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Accounting

Give examples of the strengths and weaknesses inherent in theuse of standards for planning, control and decision making. How dostandards relate to general cost management?

Note:Could you please don't use your handwriting to answer thisquestion to be easy for me to solve...Thanks

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Standard Costing Advantages and Disadvantages There are numerous favorable circumstances and hindrances of control frameworks in business the board These control frameworks ought to be altogether analyzed and connected so as to be a fruitful administrator and have a business run easily The sorts of control frameworks are bureaucratic control advertise control and faction control There are focal points and disservices to utilizing a standard costing framework The essential focal points to utilizing a standard    See Answer
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