what is the purpose of standard cost update?

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what is the purpose of standard cost update?..

Answer / sri harsha samudrala

In Cost Management, Oracle takes the item costs only if they
are frozen. To make the Item costs frozen, one needs to
update the standard cost when entered in the standard costs.
Same is not the functionality in Average Cost Update.

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what is the purpose of standard cost update?..

Answer / sanil

due to inc rise of rate

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