Chapter 7, Problem 7.17MCQ

All of the following statements regarding standards are accurate except:

1. a. Standards allow management to budget at a per-unit level.
2. b. Ideal standards account for a minimal amount of normal spoilage.
3. c. Participative standards usually take longer to implement than authoritative standards.
4. d. Currently attainable standards take into account the level of training available to employees.