The Kind of Standard That Is Most Useful for Planning

question 60

Multiple Choice

The kind of standard that is most useful for planning and control is:

• A) an attainable standard.
• B) an ideal standard.
• C) a negotiated standard.
• D)a past experience standard.

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Definitions:

Prestige

A measure of high status or respect gained by achievements or quality of character, often associated with a certain position or profession.

Sky-high Compensation

Extremely high or excessive payment or remuneration, often discussed in the context of executive pay or legal settlements.

Illegal Business Practices

encompasses activities conducted by a company or individual that are against the law and often involve unethical behavior to gain unfair economic advantage.

Superfund Program

A program established by the United States government to fund the cleanup of sites contaminated with hazardous substances and pollutants.