Which of the Following Choices Correctly Notes a Characteristic Associated

question 40

Multiple Choice

Which of the following choices correctly notes a characteristic associated with perfection standards and one associated with practical standards? $\begin{array} { | l | l | l | } \hline & { \text { Perfection Standards } } & { \text { Practical Standards } } \\\hline 1 & \text { Attainable in an ideal environment } & \begin{array} { l } \text { Incorporate abnormal occurrences when } \\\text { setting quantity and efficiency targets }\end{array} \\\hline 2 & \text { Result in many unfavourable variances } & \text { Are often attainable by workers } \\\hline 3 & \begin{array} { l } \text { Tend to boost worker morale over the } \\\text { long-run }\end{array} & \begin{array} { l } \text { Generally, are preferred by behavioural } \\\text { scientists }\end{array} \\\hline 4 & \begin{array} { l } \text { Generally, are easily achieved by } \\\text { workers }\end{array} & \begin{array} { l } \text { Result in both favorable and unfavourable } \\\text { variances }\end{array} \\\hline 5 & \begin{array} { l } \text { Generally, are preferred by } \\\text { behavioural scientists }\end{array} & \begin{array} { l } \text { Are casier to achieve than perfection } \\\text { standards }\end{array} \\\hline\end{array}$

• A)1
• B)2
• C)3
• D)4
• E)5

---

Definitions:

Transfer Price

The price charged for goods or services sold between divisions, subsidiaries, or companies under the same control.

Northern Division

Typically refers to a geographical or organizational segment of a business located in the northern part of a country or region.

Transfer Price

The price charged for goods or services transferred between departments or divisions of the same company.

Variable Cost

Costs that vary directly with the level of production or sales volume, increasing as business activity rises and decreasing as it falls.