Which of the Following Statements Concerning Practical Standards Is Incorrect

question 82

Multiple Choice

Which of the following statements concerning practical standards is incorrect?

• A) Practical standards can be used for product costing and cash budgeting.
• B) Practical standards can be attained by the average worker.
• C) When practical standards are used, there is no reason to adjust standards if an old machine is replaced by a newer, faster machine.
• D) Under practical standards, large variances are less likely than under ideal standards.

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Definitions:

Waking Consciousness

State in which thoughts, feelings, and sensations are clear and organized and the person feels alert.

Hyperconsciousness

An increased awareness or preoccupation with one's own thoughts, feelings, or sensory experiences.

Sleep Disorder

A medical disorder that impacts one's sleep patterns, potentially causing significant distress and difficulties in daytime functioning.

Nasal Passages

The channels within the nose that air passes through during breathing, involved in respiration and olfaction.