From a standpoint of cost control,the most effective time to recognize material price variances is when the materials are placed into production.

Question

Quizplus · Accepted Answer

The most effective time to recognize material price variances is when the materials are purchased, as this allows for immediate adjustment or corrective action in purchasing strategies, rather than waiting until the materials are placed into production.

From a Standpoint of Cost Control,the Most Effective Time to Recognize