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Chapter I 3 Standard Cost and Variance Analysis 'Tonifh we will uncinpt tn aiuwcr hive memphvsiral qiiestitmK: I. How did ihv imiver^e come to be? 2....
Complete this matrix by providing at least 2 reasons why you agree with each of the following author's statements (page 17 of the article).
Support your arguments with at least 125 words for each agreement.
Statement: "In the future, I envision more companies moving toward actual cost systems. Standard cost variance analysis will no longer be required because inventory transactions will be recorded at actual cost."
I agree because.....
Statement: "This change will free up significant resources in the finance department and will allow costs analysts to function more as a business partner within the organization."
I agree because...
Statement: "This change will free up significant resources in the finance department and will allow cost analysts to function more as business partners within the organization. "
I disagree because.....
