Need help with this question?ThanksDescribe an organization whose historical experience was a poor basis for establishing standards. Prior to preparing your initial post, make sure to review and understand Ac type of standards that are used in cost accounting. Why is the historical data not valuable? How did the organization respond?Show transcribed image text Describe an organization whose historical experience was a poor basis for establishing standards. Prior to preparing your initial post, make sure to review and understand Ac type of standards that are used in cost accounting. Why is the historical data not valuable? How did the organization respond?
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