An Organization Subject to Intense Competitive Pressures Would Most Likely

question 175

Multiple Choice

An organization subject to intense competitive pressures would most likely use:

• A)Ideal standards for its operations.
• B)Real standards for its operations.
• C)Caution in even using standards.
• D)A mix of types of standards.
• E)Standards that are not modified over time.

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Definitions:

Property, Plant, Equipment

Long-term assets held for business use and not intended for resale, such as buildings, machinery, and vehicles, subject to depreciation.

Depreciated

A decrease in the value of an asset over time due to wear and tear or obsolescence.

Operating Efficiency

A measure of how effectively a company uses its resources to generate profits.

Capital Expenditures

Funds used by a company to acquire or upgrade physical assets such as equipment, property, or industrial buildings.