Matching
Match each item with the correct statement below.
-This is the standard plus the allowable deviation when determining whether variances are significant.
A)Quantity Standards
B)Ideal Standards
C)Price Standards
D)Standard Cost Sheet
E)Upper Control Limit
F)Currently Attainable Standards
G)Kaizen Standards

Question

Quizplus · Accepted Answer

The upper control limit is the standard plus the allowable deviation when determining whether variances are significant in statistical process control.

Note: The other options are types of standards used in cost accounting and production, but do not relate specifically to determining significant variances.

Matching Match Each Item with the Correct Statement Below