Differences in Expectation Levels Lead to Two Basic Types of Standards

question 43

Multiple Choice

Differences in expectation levels lead to two basic types of standards in a standard cost system:

• A) Ideal standards and real standards.
• B) Ideal standards and currently attainable standards.
• C) Normal standards and conceptual standards.
• D) Attainable standards and real standards.
• E) Current standards and future standards.

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Definitions:

So What Test

A method of evaluating the relevance or importance of information by questioning its impact or value.

Time Sampling

A data collection method in research where observations are made at specific intervals over a designated period.

Anecdotal Recording

A qualitative method of data collection where individual instances or occurrences are described in detail, often used in behavioral research to capture complex phenomena.

Interval Recording

A behavior recording technique that measures the occurrence or nonoccurrence of behavior within specified time intervals. The total observation time is divided into equal intervals, and the observer records whether the behavior occurs during those intervals.