Performance standards can be set with respect to which of the following?
A) Quantity, quality, and temperament.
B) Quality, temperament, and cost.
C) Cost, quality, and satisfaction.
D) Quality, time used, and quantity.
E) Time used, quality, and satisfaction.

Question

Quizplus · Accepted Answer

Performance standards can be set with respect to quantity, quality, time used, and cost. For example, production activities include volume of output (quantity), defects (quality), on-time availability of finished goods (time use), and dollar expenditures for raw materials and direct labor (cost).

Performance Standards Can Be Set with Respect to Which of the Following