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Why do qualitative overrides affect measurement hierarchy? (a) Measurements follow rigid rules (b) Hierarchies remain fixed (c) Standards never allow exceptions (d) Professional judgment sometimes supersedes standard metrics

Why do qualitative overrides affect measurement hierarchy? (a) Measurements follow rigid rules (b) Hierarchies remain fixed (c) Standards never allow exceptions (d) Professional judgment sometimes supersedes standard metrics

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter10: Standard Costing And Variance Analysis
Section: Chapter Questions
Problem 3DQ: Why is historical experience often a poor basis for establishing standards?
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Why do qualitative overriders after measurement blhietarchy?

Why do qualitative overrides affect measurement hierarchy? (a) Measurements follow rigid rules (b) Hierarchies remain fixed (c) Standards never allow exceptions (d) Professional judgment sometimes supersedes standard metrics
Transcribed Image Text:Why do qualitative overrides affect measurement hierarchy? (a) Measurements follow rigid rules (b) Hierarchies remain fixed (c) Standards never allow exceptions (d) Professional judgment sometimes supersedes standard metrics
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