Which of the Following Statements Is/are True

question 93

Multiple Choice

Which of the following statements is/are true?

• A) Many service organisations cannot use standard costing because their services are non-repetitive.
• B) Practical standards are also known as attainable standards.
• C) Practical standards incorporate a certain amount of inefficiency, such as that caused by an occasional machine breakdown.
• D) All of the given answers

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Definitions:

Information-Processing Capability

Information-Processing Capability refers to the efficiency and effectiveness with which an organization can process, store, and retrieve information to make decisions, solve problems, and adapt to new situations.

Adaptive Organisations

Organizations that are able to change and evolve in response to changes in the market, technology, or external environment.

Growth Strategies

Growth strategies involve expansion of the organisation’s current operations.

Organic Designs

Organizational structures that are flexible, decentralized, and characterized by open communication channels.