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.
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.