The process by which a company's products or services are measured relative to the best...
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Accounting
The process by which a company's products or services are measured relative to the best possible levels of performance in competing companies is known as: benchmarking a standard costing system variance analysis efficiency 
The process by which a company's products or services are measured relative to the best possible levels of performance in
competing companies is known as:
benchmarking
a standard costing system
variance analysis
efficiency
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