Which standards cannot be used for cost control?

Q.  Which of the following standards cannot be used for cost control?
- Published on 14 Sep 15

a. Basic Standard
b. Normal Standard
c. Both a and b
d. None of the above

ANSWER: Both a and b

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    Discussion

  • Jyoti   -Posted on 21 Oct 20
    It's answer is (d) none of the above because both of these are types of standard cost and used to minimize/control cost...

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