The Difference Between a Standard and a Budget Is That

question 105

Multiple Choice

The difference between a standard and a budget is that ________.

• A) a budget generally indicates a total amount while a standard indicates a per unit amount
• B) a standard acts as an overall guide for operating the business on a planned course of action
• C) a budget generally indicates a per unit amount while a standard indicates a total amount
• D) a standard projects future costs while a budget examines past costs

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Definitions:

World Class Amenities

This term refers to high-quality facilities and services that are considered to be the best or amongst the best in the world, often found in luxury hotels, resorts, or residential complexes.

Stereo

A sound reproduction system that uses two or more independent audio channels to create the impression of sound heard from various directions.

Familiar Words

Words that are well known or easily recognized by most people, often used to simplify communication.

Immaculate

Perfectly clean, neat, or free from flaws or errors.