Which of the Following Is Not a Criticism of Ideal

question 96

Multiple Choice

Which of the following is not a criticism of ideal standards?

• A)Product quality may decline if standards are not met.
• B)Employee morale will suffer if standards are not met.
• C)Employees may take shortcuts in order to meet the standards.
• D)All of these ans choices are criticisms of ideal standards.

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Definitions:

Present Value

The present value of a sum of money or series of cash inflows expected in the future, calculated using a particular rate of return.

Ordinary General Annuity

An annuity where payments are made at the end of each period, such as monthly or annually, over a specified length of time.

Present Value

The contemporary worth of an expected future sum of money or flow of cash payments, accounting for a specific rate of return.

Periodic Interest Rate

The amount of interest charged or earned over a particular period of time, often expressed as a rate per month or quarter.