A standard differs from a budget because a standard
A)is a predetermined cost.
B)contributes to management planning and control.
C)is a unit amount.
D)none of the above; a standard does not differ from a budget.

Name: A standard differs from a budget because a standard A)is a predetermined cost. B)contributes to management planning and control. C)is a unit amount. D)none of the above; a standard does not differ from a budget.
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Question

Quizplus · Accepted Answer

A standard is a unit amount, whereas a budget is a total amount.

A Standard Differs from a Budget Because a Standard