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.