In terms of variances,what is the term for the standard plus the allowable deviation?
A)upper control limit
B)standard price
C)standard quantity
D)total budget variance

Question

Quizplus · Accepted Answer

The term for the standard plus the allowable deviation is the upper control limit, which is used in statistical process control to determine when a process is out of control and in need of adjustment. It represents the highest acceptable level of variance from the standard.

In Terms of Variances,what Is the Term for the Standard