C. Attainable standard<\/strong><\/p>\nA bogey standard is a type of attainable standard. It is a standard that is set at a level that is considered to be achievable, but not necessarily easy to achieve. Bogey standards are often used in cost accounting to set targets for employees to aim for.<\/p>\n
A basic standard is a standard that is set at a very basic level. It is a standard that is considered to be the minimum that is acceptable. Basic standards are often used in cost accounting to set targets for employees to avoid falling below.<\/p>\n
An ideal standard is a standard that is set at a perfect level. It is a standard that is considered to be the best that is possible. Ideal standards are often used in cost accounting to set targets for employees to aim for, but they are not always realistic.<\/p>\n
An abnormal loss standard is a standard that is set for losses that are considered to be abnormal. Abnormal losses are losses that are not expected to occur on a regular basis. Abnormal loss standards are often used in cost accounting to set targets for employees to avoid incurring abnormal losses.<\/p>\n
A basic waste control standard is a standard that is set for waste that is considered to be basic. Basic waste is waste that is expected to occur on a regular basis. Basic waste control standards are often used in cost accounting to set targets for employees to reduce basic waste.<\/p>\n
In conclusion, the correct answer is: C. Attainable standard<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"[amp_mcq option1=”Basic standard” option2=”Ideal standard” option3=”Attainable standard” option4=”Abnormal loss standard E. Basic waste control standard” correct=”option3″]<\/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-57226","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"\n
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