[Solved] Which of the following is NOT a criticism of a standard-costing system?

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Q.	Which of the following is NOT a criticism of a standard-costing system?
A.	It is more expensive than other systems
B.	Variances calculated under standard-costing come too late to be useful
C.	It can cause dysfunctional behaviour in a JIT/FMS environment
D.	Traditional cost variances are not tied to specific product line
Answer» B. Variances calculated under standard-costing come too late to be useful

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