One problem with standard cost reports is
A)they can only be read effectively by trained accountants.
B)they are often prepared well after the events that give rise to them.
C)not everyone in the organization can agree on their use.
D)they allow for shareholders to ask difficult questions from management.

Question

Quizplus · Accepted Answer

Standard cost reports are often prepared after the events that give rise to them. This can result in delayed response and corrective action, which can impact the effectiveness of the report.

One Problem with Standard Cost Reports Is