Standard costing

This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.

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August 11, 2019 at 7:38 am #527104
hijo
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Sir is below sentence true or false
Budget can be used in situation where output cannot be measured but standards cannot be used in such situation
If give it’s idea
August 11, 2019 at 10:21 am #527133
John Moffat
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The sentence as it stands does not really make a lot of sense.
However there are lots of reasons why a business might decide to prepare budgets and they are explained in my free lectures on budgeting.
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