{"id":54481,"date":"2024-04-16T00:10:54","date_gmt":"2024-04-16T00:10:54","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=54481"},"modified":"2024-04-16T00:10:54","modified_gmt":"2024-04-16T00:10:54","slug":"match-the-items-of-list-i-with-the-items-of-list-ii-and-choose-the-correct-answer-list-i-critical-control-standards-list-ii-critical-points-a-physical-standards-1-material-cost-per-unit-b-cost","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/match-the-items-of-list-i-with-the-items-of-list-ii-and-choose-the-correct-answer-list-i-critical-control-standards-list-ii-critical-points-a-physical-standards-1-material-cost-per-unit-b-cost\/","title":{"rendered":"Match the items of List-I with the items of List-II and choose the correct answer. List-I (Critical Control Standards) List-II (Critical Points) a. Physical standards 1. Material cost per unit b. Cost standards 2. Labour hours per unit of output c. Revenue standards 3. Timing of production d. Programme standards 4. Average sales per customer"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;a-2, b-1, c-4, d-3&#8243; option2=&#8221;a-2, b-1, c-3, d-4&#8243; option3=&#8221;a-1, b-2, c-4, d-3&#8243; option4=&#8221;a-4, b-1, c-3, d-2&#8243; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is: A. a-2, b-1, c-4, d-3<\/p>\n<p>Physical standards are standards that are set for the physical quantities of materials, labor, and other resources that are used in the production process. Cost standards are standards that are set for the costs of materials, labor, and other resources that are used in the production process. Revenue standards are standards that are set for the revenues that are generated from the sale of products or services. Programme standards are standards that are set for the timing of production and other activities in the production process.<\/p>\n<p>In this case, the following matches are correct:<\/p>\n<ul>\n<li>a. Physical standards 1. Material cost per unit<\/li>\n<li>b. Cost standards 2. Labour hours per unit of output<\/li>\n<li>c. Revenue standards 4. Average sales per customer<\/li>\n<li>d. Programme standards 3. Timing of production<\/li>\n<\/ul>\n<p>The other options are incorrect because they do not match the items in List-I with the items in List-II in a logical way. For example, option B matches physical standards with labour hours per unit of output, which is not a logical match.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;a-2, b-1, c-4, d-3&#8243; option2=&#8221;a-2, b-1, c-3, d-4&#8243; option3=&#8221;a-1, b-2, c-4, d-3&#8243; option4=&#8221;a-4, b-1, c-3, d-2&#8243; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"class_list":["post-54481","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Match the items of List-I with the items of List-II and choose the correct answer. 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List-I (Critical Control Standards) List-II (Critical Points) a. Physical standards 1. Material cost per unit b. Cost standards 2. Labour hours per unit of output c. Revenue standards 3. Timing of production d. Programme standards 4. Average sales per customer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/match-the-items-of-list-i-with-the-items-of-list-ii-and-choose-the-correct-answer-list-i-critical-control-standards-list-ii-critical-points-a-physical-standards-1-material-cost-per-unit-b-cost\/","og_locale":"en_US","og_type":"article","og_title":"Match the items of List-I with the items of List-II and choose the correct answer. List-I (Critical Control Standards) List-II (Critical Points) a. Physical standards 1. Material cost per unit b. Cost standards 2. Labour hours per unit of output c. Revenue standards 3. 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