Which of the following statements concerning ideal standards is incorrect? 1) Ideal standards generally do not provide the best motivation for workers. 2) Ideal standards do not make allowances for waste, spoilage, and machine breakdowns. 3) Ideal standards are better suited for cash budgeting than practical standards. 4) Ideal standards may be better than practical standards when managers seek continual improvement.
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Statement 1: Ideal standards, representing perfection, might not be the best motivator for workers as they can seem unattainable. This statement is generally correct. Statement 2: Ideal standards, by definition, don't account for inefficiencies like waste, Show more…
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