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Christina Nguyen
on Nov 17, 2024

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In most businesses, cost standards are established principally by accountants.

Cost Standards

Cost standards refer to pre-determined costs for products, operations, or projects, used as benchmarks for measuring actual performance or costs.

Accountants

Professionals who perform accounting, auditing, and other financial operations for businesses or individuals.

  • Identify the role of accountants and managers in setting cost standards.
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Unnat BhargavaNov 18, 2024
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