Budgets Vs standards ?

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March 6, 2018 at 12:36 pm #440626
myacca1990
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“Budgets can be used in situations where output cannot be measured, but standards
cannot be used in such situations”
How standards cannot be used to measure output ?
March 6, 2018 at 1:02 pm #440640
John Moffat
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Standards involve arriving at a cost per unit, and then we need to know the number of units output.
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