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:

Dependent Variable

The component in an experiment or research that is foreseen to shift following changes in the independent variable.

Independent Variable

A variable often denoted as x, whose variation does not depend on that of another.

Correlation Coefficient

A statistical measure that calculates the strength and direction of the linear relationship between two variables.

Correlation Coefficient

An index assessing the power of association between a pair of variables.