A Cost Benchmark Is Valid Only If the Standards Are

question 4

Multiple Choice

A cost benchmark is valid only if the standards are

• A)based on historical costs.
• B)kept up to date.
• C)reviewed by salaried assembly-line workers.
• D)practical and attainable.

---

Definitions:

Division

A mathematics operation where a number is divided into parts or segments, represented by the division sign (/ or ÷).

Division

A fundamental mathematical operation that represents the process of dividing one number by another.

Exponentiation

A mathematical operation involving the raising of a base to the power of an exponent, symbolizing repeated multiplication.

Multiplication

A mathematical operation that signifies combining or adding a number to itself a certain number of times.