- expected standard
- In standard costing, a cost, income, or performance standard set at a level that is expected to be achieved by the actual result.
Accounting dictionary. 2014.
Accounting dictionary. 2014.
standard of care — standard of care: the degree of care or competence that one is expected to exercise in a particular circumstance or role Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. standard of care n … Law dictionary
Standard German — (German: Hochdeutsch ) is the standard varieties of the German language used as a written language, in formal contexts, and for communication between different dialect areas. Since German is a pluricentric language, there are different varieties… … Wikipedia
Standard Missile — refers to a family of several different American missiles. *RIM 66 Standard (SM 1MR/SM 2MR), a medium range surface to air missile, the successor of the RIM 24 Tartar missile. *RIM 67 Standard (SM 1ER/SM 2ER non VLS capable), an extended range… … Wikipedia
standard operating procedure — ➔ procedure * * * standard operating procedure UK US noun [C or U] (ABBREVIATION SOP) ► HR, WORKPLACE, MANAGEMENT the official or usual way that people are expected to do particular things in a company, organization, etc.: »Many reforms adopted… … Financial and business terms
standard costing — ➔ costing * * * standard costing UK US noun [C or U] ACCOUNTING ► a system used for calculating the expected cost of a product by using data from similar projects to measure and control the real costs. A standard costing includes a share of… … Financial and business terms
standard cost — ➔ cost1 * * * standard cost UK US noun [C] ACCOUNTING ► the expected cost of a job, project, or other activity if there are no problems that increase the total for each stage of the process: »We can use previous cost data to calculate the product … Financial and business terms
standard error — n. Statistics a measure of the dispersion in the distribution of differences between expected and observed values of a statistic: the standard error of the mean is equal to the standard deviation of the original frequency distribution divided by… … English World dictionary
Standard Gross Margin — Standard Gross Margins or SGMs are a way of classifying farms according to the type of enterprises on the farm, and their relative contribution to overall profit. The SGM provides a measure of a holding s business size, irrespective of its area… … Wikipedia
Standard deviation — In probability and statistics, the standard deviation is a measure of the dispersion of a collection of values. It can apply to a probability distribution, a random variable, a population or a data set. The standard deviation is usually denoted… … Wikipedia
Expected utility hypothesis — In economics, game theory, and decision theory the expected utility hypothesis is a theory of utility in which betting preferences of people with regard to uncertain outcomes (gambles) are represented by a function of the payouts (whether in… … Wikipedia