Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. standards differ from budgets in that select one:

Standards differ from budgets in that Select one: a.budgets but not standards may be used...

80.2K

Verified Solution

Question

Accounting

Standards differ from budgets in that

Select one:

a.budgets but not standards may be used in valuing inventories.

b.only budgets contribute to management planning and control.

c.budgets but not standards may be journalized and posted.

d.budgets are a total amount and standards are a unit amount.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Economics
1.2K views

The following table shows the market shares during the first three months of 2017 for companies...

Biology
1.2K views

Which of the following process does NOT generate ATP?Oxidative photophosphorylationPyruvate oxidationGlycolysisAll of these options generate...

Basic Math
1.2K views

Entries for issuing stock On January 22 Zentric Corporation issued for cash 180 000 shares...

Basic Math
1.2K views

A building is 1 ft from a 7-ft fence that surrounds the property. A worker...

Basic Math
1.2K views

Suppose the line of best fit is drawn for some data points. If the mean...

Calculus
1.2K views

39 40 Find f x and x 39 f x x e

Algebra
1.2K views

1 Find the component form and the magnitude of the vector v Initial Point 1...

Accounting
1.2K views

Air Force Surplus began May 2018 with 80 stoves that cost $20 each. During the...

Accounting
1.2K views

The following information applies to Whispering Winds Corporation, which reports under IFRS. ...

Accounting
1.2K views

Ivanhoe Corporation had the following items in inventory as at December 31, 202 Unit Cost...

Finance
1.2K views

2.5 million capital bud- CL SIS (VISU Careu le 10 1) Assume that IWT has...

Finance
1.2K views

A stock is selling today for $60 per share. At the end of the year,...