alleryCost to be incurred, revenue to be earned and units to be produced are examples of:
AQualitative standards
BCorrective actions
CExternal factors
DQuantitative standards
Answer & Solution
Correct answer: D. Quantitative standards
1. They can be expressed in numbers.
2. So they are quantitative standards.
3. Goodwill and motivation are qualitative.
_Source: syllabus Business Studies Part I, Chapter 8, Controlling._
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