Business Studies · Standard Costing
Which of the following statements is correct regarding the setting of operating standards for realistic production control?
- 1The operating standards set for production should be the maximum level
- 2The operating standards set for production should be the attainable level✓
- 3The operating standards set for production should be the minimal level
- 4The operating standards set for production should be the most ideal possible
Correct answer
The operating standards set for production should be the attainable level
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