Ideal Standards

question 76

Multiple Choice

Ideal standards

• A) are rigorous but attainable.
• B) are the standards generally used in a master budget.
• C) reflect optimal performance under perfect operating conditions.
• D) will always motivate employees to achieve the maximum output.

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Definitions:

Superior

Someone or something that is higher in rank, status, or quality compared to others.

Lakes

Large, naturally occurring bodies of fresh or saltwater, surrounded by land, not part of the ocean.

Capitalization

In finance, capitalization often refers to the total market value of a company's outstanding shares, or the process of funding a project or business with capital.

Southern

Pertaining to or characteristic of the southern part of a region, country, or the world, often used in geographic, cultural, or climatic contexts.