Kaushalpatel
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characteristics of Standard costing emerge
(1) Standard cost is pre-determined. 
(2) Standard cost is determined after considering what can be the cost under efficient management.
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- • 3 pages •
(1) Standard cost is pre-determined. 
(2) Standard cost is determined after considering what can be the cost under efficient management.
ACCOUNT OF EXTERNAL RECONSTRUCTION CHARACTERISTICS OF STAND
When a company is in financial difficulties and is unable to make a profit, it may either be closed down or it may be reconstructed and reorganized Many times a new company is formed to wipe out the past losses and to get rid of the shortage of working capital,.
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When a company is in financial difficulties and is unable to make a profit, it may either be closed down or it may be reconstructed and reorganized Many times a new company is formed to wipe out the past losses and to get rid of the shortage of working capital,.