ACC-532-MBOL1 Module 6 Quiz

ACC-532-MBOL1 Module 6 Quiz - Practical standards assume...

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 1. Question : Which of the following methods are not used to set standards?    Student Answer:  Analysis of historical data     Analysis of the process of  manufacturing a product to  determine what it should  cost     Using data developed when  standards were first put in  place by the company     A combined approach of  historical cost analysis and  task analysis    Points Received: 2 of 2    Comments:  2. Question :
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Unformatted text preview: Practical standards assume Student Answer: Everything will work perfectly The system is operating at maximum efficiency All material will be of expected-high quality standards None of the Above Points Received: 2 of 2 Comments: 3. Question : Which of the following variances might be affected by the purchase of off-standard materials?...
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This note was uploaded on 11/29/2011 for the course ACC 532 taught by Professor Dr.fisher during the Fall '11 term at St. Leo.

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ACC-532-MBOL1 Module 6 Quiz - Practical standards assume...

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