Which of the Following Is a Disadvantage of Using the Standards

question 4

Multiple Choice

Which of the following is a disadvantage of using the standards developed by a firm itself to develop a budget?

• A) A firm's inefficiencies will be part of the data.
• B) They are not based on realized benchmarks and can be unrealistic
• C) The expected future changes are not included in the standards.
• D) The flexible-budget amounts are difficult to determine.

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Definitions:

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Individuals who share a very close and trusted friendship, often characterized by high levels of support, understanding, and mutual respect.

Second Grade

An academic grade level in many educational systems designed for children who are typically seven to eight years old, focusing on foundational skills in various subjects.

Physical Attractiveness Stereotype

The inclination to believe that people who are visually appealing also have other appealing social characteristics.

General Expectation

A broad anticipation or belief about what will happen in the future, often based on past experiences or societal norms.