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

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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.

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