It is universally believed that the standards used in flexible budgets should be "perfection standards" so that individuals will constantly be challenged to perform better.

Question

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It is not universally believed that the standards used in flexible budgets should be "perfection standards". In fact, many organizations use "attainable standards" that are achievable and realistic based on the organization's resources and capabilities. Unrealistic standards can lead to demotivation and a lack of confidence in the budgeting process.

It Is Universally Believed That the Standards Used in Flexible