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In: Accounting

Pretend you are talking to a client who is not a numbers person. They run a...

Pretend you are talking to a client who is not a numbers person. They run a small business and are great at what they do, but they just don't have knowledge of accounting. How would you explain standard costing and variances to them? Briefly, simply, what is standard costing and how can it be used?

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ekkarill92 answered 2 years ago
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