What is depreciation on the building

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Reference no: EM131258932

Describe an organization whose historical experience was a poor basis for establishing standards. Why wasn’t the historical data valuable? How did the organization respond?

Please write not less than 250 words.

The standards to be regarded are:

Ideal Standards-demand a maximum efficiency and can be achieved only if everything operates perfectly.No machine breakdowns,slack of skill(even momentarily) are allowed.

Currently attainable Standards-can be achieved under efficient operating conditions . Allowance is made for normal breakdowns,interruptions,less than perfect skill,and so on.

Reference no: EM131258932

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