Historical experience should be used with caution in setting standards because a. most companies keep poor records.
Question:
Historical experience should be used with caution in setting standards because
a. most companies keep poor records.
b. ideal standards are always better than historical standards.
c. they may not be achievable by operating personnel.
d. they may perpetuate operating inefficiencies.
e. none of the above.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
The correct answer is d they may perpetuate operating inefficiencies The use of historical data to set standards can perpetuate operating inefficienci...View the full answer
Answered By
Santosh Reddy
I have been a tutor for over 10 years. I have experience working with students of all ages, from elementary school to college. I have also tutored students with different learning styles and abilities. I am familiar with a variety of subjects, including math, science, English, history, and Spanish. I am able to adapt my teaching style to meet the needs of each individual student. I am patient and supportive, and I strive to help my students succeed.
I believe that one of the most important aspects of tutoring is the ability to build a rapport with the student. I work to create a positive and supportive learning environment where the student feels comfortable asking questions and seeking help. I also believe that it is important to be flexible and accommodating to the student's needs. I am willing to adjust my schedule and meeting times to ensure that the student is able to get the help they need.
I am confident in my ability to help students improve their grades and succeed in their studies. I have a proven track record of success, and I am committed to helping my students reach their goals. If you are looking for a tutor who is experienced, knowledgeable, and supportive, then please contact me. I would be happy to discuss your needs and how I can help you achieve success.
0.00
0 Reviews
10+ Question Solved
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
Question Posted:
Students also viewed these Business questions
-
Multiple Choice Questions 1. Historical experience should be used with caution in setting standards because a. They may perpetuate operating inefficiencies. b. Ideal standards are always better than...
-
Multiple Choice Questions 1. Historical experience should be used with caution in setting standards because a. Most companies keep poor records. b. Ideal standards are always better than historical...
-
True or false? A. Larger samples are always better than smaller samples, regardless of how the sample was collected. B. Larger random samples are always better than smaller random samples. C. You...
-
The annual revenues associated with several large apartment complexes are $300, $450, $425, $50, $75, and $150 for years 0, 1, 2, 3, 4, and 5, respectively. Determine the net cash flow and whether...
-
In January 2005, the Canadian Imperial Bank of Commerce (CIBC) launched a lawsuit against a number of its former employees and Genuity Capital Markets. CIBC is seeking damages in excess of $10...
-
Comprehensive graphs of four polynomial functions are shown in AD. They represent the graphs of functions defined by these four equations, but not necessarily in the order listed. y = x 3 - 3x 2 - 6x...
-
How do groups/teams communicate differently than individuals?
-
The radiation heat gage shown in the diagram is made from constantan metal foil, which is coated black and is in the form of a circular disk of radius R and thickness t. The gage is located in an...
-
If m = 3.8 kg resting on 20 o slope and string above the slope pulls parallel to the surface. What is the friction coefficient between the block m with the surface of the slope so the system will...
-
A workshop operates 10 hours per day and processes an average of 15 customer orders per day. Order interarrival time follows an Exponential distribution. Service time to complete an order is...
-
In a similar sense as companies, the U.S. government must prepare a budget each year. However, unlike private, for-profit companies, the budget and its details are available to the public. The entire...
-
Standards set by engineering studies a. can determine the most efficient way of operating. b. can provide rigorous guidelines. c. may not be achievable by operating personnel. d. often do not allow...
-
Suppose that in Problem 6-7 ABCD was confounded in replicate I and ABC was con-founded in replicate II. Perform the statistical analysis of this design. Problem 6-7 An experiment was performed to...
-
A clothing store says they are having a 25% off sale with an additional 25% off any blue stickered garments. They claim you are saving 50%. However, when you buy a new coat originally marked $125 the...
-
Ral and Jos are dedicated to landscaping. Ral quotes $28 for the first hour and then adds $3.75 to each hour of work. In this way, the second hour is charged at $31.75 and so on. On the other hand,...
-
Write the following complex numbers in the polar form: (a) z = 1-i (b) z2=-3-i3 Present all intermediate steps of the derivations. Problem 3. Express cos 40 and sin 40 in terms of powers of cos 0 and...
-
The Treaty of Rome signed by six countries (Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany) in 1957 created the European Economic Union (EEC). Later, the membership of the EEC...
-
In a given year, a country's GDP = $4000 NFP, Net factor payments from abroad, = $200 T, Taxes, $893 TR, Transfers received from the government, = $422 INT, Interest payments on the government's...
-
Let be an cigenvalue of A and let x be an eigenvecior belonging to . Use mathematical induction to show that m is an cigenvalue of AM and x is an eigenvector of Am belonging to Am for in = 1, 2
-
Write a paper about medication error system 2016.
-
Emily Adams is the manager of City Wide Door, a company specializing in installing and maintaining garage doors of many types. Her associate, Alyssa, has provided Emily with three proposals for...
-
The Meikle Division has assets of $600,000, current liabilities of $60,000, and net operating income of $180,000. a. What is the divisions ROI? b. If the weighted-average cost of capital is 12...
-
The following information for companies X, Y, and Z is incomplete. Supply the missing data for items (a) through(l). Company Z i.? Company Y Company X $220,000 e. Operating income Salesa.? Invested...
-
gross margin? Joseph Company recorded sales of $39000 and Cost of Goods Sold of $14000. What is Joseph Company's
-
What are some examples of a difficult situation that due care may face? What would an ethical response be to those examples be ? And lastly why might a practitioner be tempted to or accidentally not...
-
You are starting a business and as part of your business plan you need to develop a break - even analysis. Your fixed costs ( overhead ) associated with your store are $ 1 , 0 0 0 , 0 0 0 annually,...
Study smarter with the SolutionInn App