In Most Companies, Machines Break Down Occasionally and Employees Are

question 15

Multiple Choice

In most companies, machines break down occasionally and employees are often less than perfect. Which type of standard acknowledges these characteristics when determining the standard cost of a product?

• A) Efficiency standard
• B) Ideal standard
• C) Practical standard
• D) Budgeted standard

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Definitions:

Adolescent

A person in the developmental stage of adolescence, typically between the onset of puberty and legal adulthood, characterized by significant physical, psychological, and social changes.

Parental Influence

The effect that parents have on the development, behavior, and personality of their children.

Peer Influence

The effect that the attitudes, values, and behaviors of peers have on an individual's own attitudes and behaviors.

Role Confusion

A situation in which individuals are unsure about their identity or role within a specific context, often occurring during adolescence as described by Erik Erikson's stages of psychosocial development.