Which of the Following Is True of Performance Standards

question 70

Multiple Choice

Which of the following is true of performance standards?

• A) Performance standards must be based only on qualitative criteria.
• B) Performance standards should be established while the work is being performed.
• C) Performance standards must be based only on quantitative criteria.
• D) Performance standards should be established before the work is performed.

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Definitions:

Purchase of Land

The acquisition of real estate property through a financial transaction.

Deferral Method

An accounting principle where income or expenses are postponed to future reporting periods.

Programmatic Reporting

The process of generating reports and documents that are automatically created and distributed by software systems, often used in digital advertising and marketing.

Donations

Gifts of money or goods to charitable organizations or institutions, often tax-deductible for the donor.