Business, 20.06.2020 18:57 jakeyywashere
The difference between a budget and a standard is that a budget expresses what:.
a. costs were, while a standard expresses what costs should be.
b. standards are excluded from the cost accounting system, whereas budgets are generally incorporated into the cost accounting system.
c. a budget expresses a total amount, while a standard expresses a unit amount.
d. a budget expresses management's plans, while a standard reflects what actually happened.
Answers: 2
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The difference between a budget and a standard is that a budget expresses what:.
a. costs were, whi...
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