Which of the Following Is NOT a Reason That Companies

question 26

Multiple Choice

Which of the following is NOT a reason that companies use standard costs?

• A) To establish performance standards
• B) To prepare the budget
• C) To achieve higher levels of sales
• D) To set the sales prices of their products and services

---

Definitions:

Participative Management

A management approach that involves employees in decision-making processes, aiming to increase engagement, satisfaction, and sense of ownership.

Emotional Stability

A personality trait characterized by one's ability to remain calm and composed, especially in stressful situations.

Conscientiousness

A personality trait characterized by diligence, carefulness, thoroughness, self-discipline, and the desire to perform tasks well.

Openness

A personality trait characterized by a willingness to try new experiences, think creatively, and be open to different ideas.