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Which of the following is not an advantage of using a...

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Accounting

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Which of the following is not an advantage of using a standard cost system? Multiple Choice It quickly directs management's attention to situations in which outcomes differ from expectations It can be used in conjunction with job order costing process costing, or with activity based costing systems It eliminates the need for analysis of variances It provides managers with detailed information as to the nature and amount of the differences between actual manufacturing costs incurred and the standard manufacturing costs expected

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