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Once standard costs for products or services have been developed: They must be updated monthly to be useful B. The canbe used for more planning and...

Once standard costs for products or services have been developed:
A.  They must be updated monthly to be useful
B.  The canbe used for more planning and control       purposes
C.  They need not be revised unless the product or service is modified
D.  Performance reports must be issued if the standards are to be useful

This question was asked on Apr 28, 2010.

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