Cornerstones of Managerial Accounting Study Set 1
Quiz 10: Standard Costing: a Managerial Control Tool
Operating Personnel Can Easily Achieve Standards Set by Engineering Studies
Operating personnel can easily achieve standards set by engineering studies.
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Ideal standards demand maximum efficiency and can be achieved only if everything operates perfectly.
Ideal standards allow for machine breakdowns,slack,or momentary lack of skill.
Currently attainable standards offer the most behavioural benefits because higher performance levels are attained through challenging,yet achievable,standards.
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