Which of the Following Can Reduce the Amount of Employees

question 82

Multiple Choice

Which of the following can reduce the amount of employees' budget gamesmanship?

• A) Have superiors and subordinates participate in the standard-setting process.
• B) Incorporate standards into the firm's evaluation system.
• C) Avoid using standards for punitive purposes.
• D) All of these answers are correct.

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Definitions:

Units

A measure or quantity used as a standard of measurement for expressing amounts, especially in the context of production or inventory.

Materials Price Variance

The financial difference between the actual cost of materials and the expected (standard) cost, indicating cost management efficiency.

Direct Material

Materials that can be directly associated with the production of goods, directly entering into and being a significant component of the finished product.

Kilos

A metric unit of mass or weight equal to one thousand grams.