Which of the Following Is a Characteristic of Objectives-Based Standards

question 42

Multiple Choice

Which of the following is a characteristic of objectives-based standards?

• A) do not rely on professional judgment
• B) increase bright-line tests
• C) somewhere between principles-based and rules-based
• D) no exceptions

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Definitions:

Planning Assumptions

Assumptions made regarding future events, conditions, and decisions that affect an organization's strategic planning and operations.

Dividend Payout Ratio

Dividend Payout Ratio is a financial metric that measures the proportion of a company's earnings paid out to shareholders in the form of dividends.

Retained Earnings

This refers to the cumulative amount of net income generated by a company that is reinvested in the business, minus any dividends paid out to shareholders.

Net Income

Net income, also known as net profit, is the total earnings of a company after all expenses and taxes have been deducted from revenue.