Examlex
Unwritten rules that govern the behaviour of group members are referred to as _____________
Ideal Standards
Standards that can be achieved only under perfect operating conditions, such as no idle time, no machine breakdowns, and no materials spoilage; also called theoretical standards.
Machine Breakdowns
Unplanned events where machinery or equipment fails to operate, potentially causing disruptions in production and incurred costs for repairs and maintenance.
Materials Spoilage
Products or components that are damaged, expired, or otherwise unable to be used in production, often leading to waste and financial loss.
Budgeted Cost Systems
Accounting systems that use budgets to project the costs of operating a business, typically used for planning and control purposes.
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