Standard Costs May Be Used by

question 234

Multiple Choice

Standard costs may be used by

• A) universities.
• B) governmental agencies.
• C) charitable organizations.
• D) All of these answers are correct.

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Definitions:

Decent Work

Employment that is productive and delivers a fair income, security in the workplace, and social protection for families.

Adequate Free Time

This refers to having a sufficient amount of leisure time in which an individual is not obligated to work, study, or perform duties.

Compensated Sufficiently

Being adequately rewarded or paid for one’s work or services, in terms of monetary compensation, benefits, and other forms of remuneration.

Nonwork Responsibilities

Refers to duties and tasks that individuals have outside of their employment, such as family care, household chores, and community involvement.