Identify Which Statement Below About "Currently Attainable Standards" Is Not

question 62

Multiple Choice

Identify which statement below about "currently attainable standards" is not true.

• A)They allow for normal spoilage and nonproductive time.
• B)Because they allow for waste, they usually result in favorable variances.
• C)They represent projections of what will probably be attained.
• D)Employees usually view these goals as reasonable.

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Definitions:

Equity Investment Securities

Financial assets purchased with the expectation of earning a return through dividends, capital appreciation, or both.

Retained Earnings

The portion of a company's profits that is kept or retained for reinvestment in the business or to pay debt, rather than distributed to shareholders.

Payment

The act of giving or transferring money or monetary value in exchange for goods, services, or to fulfill a legal obligation.

Shares

Units of ownership interest in a corporation or financial asset, providing an entitlement to a portion of the profit.