1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arisa [49]
3 years ago
5

Accounting systems that use standards for product costs are called budgeted cost systems. True False

Business
1 answer:
Yuri [45]3 years ago
7 0

Answer:

False.

Explanation:

Accounting systems that use standards for product costs are standard cost systems.

In Financial accounting, various business firms or companies use the standard cost systems to determine the variances or differences between the actual (real) cost of goods produced and the estimated cost for the goods that were produced by the company.

Hence, standard cost systems are used by business firms or companies as a strategic tool or technique for the management and control of costs, budget planning, and analyzing cost management performance at a specific period of time.

You might be interested in
Grainger Company is a major automotive parts manufacturer operating in six countries. It has no restrictions on stock sales and
alisha [4.7K]

Answer:

The correct word for the blank space is: public.

Explanation:

A public corporation has sold stock through an<em> Initial Public Offering </em>(IPO) to the public and that stock is currently traded on a <em>public stock exchange</em> or the <em>Over-The-Counter</em> (OTC) market. The ability to sell public shares is very important to these businesses as it provides them with a source of capital for investment.

5 0
3 years ago
new york city is the most expensive city in the united states for lodging the man hotel room rate is $204 per night . assume the
Novay_Z [31]
64% (225-204)/55 = .38 …. Z table = .35971 (1-.35971) = .64 = 64%. I’m about 90% confident that’s the right answer
6 0
3 years ago
A company launched four new products. The market price, in dollars, of the four products after different number of years is show
iragen [17]
<span>anonymous 2 years ago</span><span>A company launched four new products. The market price, in dollars, of the four products after different number of years is shown below: The price of which product will eventually exceed all others?</span>
3 0
3 years ago
Read 2 more answers
The morgan company, a small furniture manufacturer, divides its organization into marketing, human resources, accounting, and pr
Leona [35]
<span>The morgan company, a small furniture manufacturer, divides its organization into marketing, human resources, accounting, and production departments. this is an example of departmentalization by function


</span>
3 0
3 years ago
A disorder resulting from exposure to a major stressor, with symptoms of anxiety, nightmares, poor sleep, reliving the event, an
horsena [70]
PTSD 
Post Traumatic Stress disorder 

6 0
3 years ago
Read 2 more answers
Other questions:
  • The fact that cmc allows low-level employees to have greater access to higher-level employees is called
    13·1 answer
  • What is the difference between a checking account debit card and a gift card?
    9·1 answer
  • People want information communicated quickly and clearly. To make your writing more concise and understandable, avoid flabby exp
    11·1 answer
  • If the stock market is semistrong-form efficient, which of the following statements would be CORRECT? a. Even if a market is sem
    8·1 answer
  • Suppose housing prices and stock prices decline significantly and cause autonomous consumption spending to decrease by $200 bill
    8·1 answer
  • Which of the following best explains what a futures contract is?
    15·1 answer
  • Examples of veriable costs​
    14·1 answer
  • The Dry Dock is considering a project with an initial cost of $118,400. The project'scash inflows for years 1 through 3 are $37,
    6·1 answer
  • In the context of performance management, which term refers to a measure that obtains consistency of results over time?
    14·1 answer
  • A company's goal-directed plans regarding how to compete for advantage is known as the firm's ______.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!