90. Statement I : Standard cost is a pre-determined cost. Statement II : All pre-determined costs are standard in nature.
CS Executive · Cost and Management Accounting · PYQS · June 2021
90. Statement I : Standard cost is a pre-determined cost. Statement II : All pre-determined costs are standard in nature.
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Standard Costing
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