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29-01-2020
Business

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When a manager is concerned with monitoring total cost total revenue, and net profit conditioned upon the level of productivity, an accountant should normally recommend: (CPA adapted) Option c Option a Option d Option b

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jepessoa jepessoa

29-01-2020

Answer:

Option A (yes to flexible budget and yes to standard costing)

Explanation:

A flexible budget helps to determine the total output needed to reach a certain amount of profit, and the company can also determine a different output level depending on current market conditions.

The two main advantages of using a standard costing method is that cost control is improved and more information is available so that management can make better decisions.

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