_____ is the amount of acceptable deviation from a standard, determined when the standard was established.
A. Span of exception
B. Breadth control
C. Range of variation
D. Benchmark
E. Zero-based control
C. Range of variation
How much deviation is acceptable depends on the range of variation built into the standards.
You might also like to view...
Cloverton Corporation had net income of $35,750, net sales of $750,000, and average total assets of $650,000. Its return on total assets is:
A. 1.9% B. 4.8% C. 5.5% D. 18.2% E. 115.4%
Identify each of the following statements with one of the five fundamental control objectives of operating systems.Control objectives:(a) Protect the operating system from users.(b) The operating system must protect users from each other.(c) The operating system must be protected from itself.(d) The operating system must be protected from its environment.(e) The operating system must protect users from themselves.SituationsControl Objective (1) No module should be allowed to destroy or corrupt another module.?(2) In the event of a power failure or other disaster, the operating system should be able to achieve a controlled termination of activities from which it can later recover.?(3) A user's application may consist of several modules stored in separate memory locations, each with
its own data. One module must not be allowed to destroy or corrupt another module.?(4) User applications must not be able to gain control of or damage the operating system.?(5) One user must not be able to access, destroy, or corrupt the data or programs of another user.? What will be an ideal response?
Gross margin pricing establishes selling prices at an amount that is a stipulated rate above variable production costs
Indicate whether the statement is true or false
The time horizon for ______ is 3 months or less.
a. intermediate-term demand planning decisions b. long-term demand planning decisions c. short-term demand planning decisions d. prolonged demand planning decisions