What are the essential differences between a standard and a budget? ...
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Accounting
What are the essential differences between a standard and a budget?
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| a. A standard is total amount and a budget is a unit amount. |
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| b. A standard and a budget are essentially the same. |
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| c. A standard is a unit amount and a budget is a total amount. |
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| d. Both b) and c). |
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