Standard example sentences

Coloured dress, protective helmets, field restrictions, cricket under lights, became a standard part of the post-Packer game.Thus, standards serve as benchmarks towards which an organisation strives to work.Cricket was the earliest modern team sport to be codified, which is another way of saying that cricket gave itself rules and regulations so that it could be played in a uniform and standardised way well before team games like soccer and hockey.The first step in the controlling process is setting up of performance standards.The controlling function finds out how far actual performance deviates from standards, analyses the causes of such deviations and attempts to take corrective actions based on the same.It is important that standards should be flexible enough to be modified whenever required.All countries on the gold standard had stable exchange rates.At the time of setting standards, a manager should try to set standards in precise quantitative terms as this would make their comparison with actual performance much easier.Instead of gold, they held the currency of some large country (the United States or the United Kingdom) which was on the gold standard.The list of accounting standards is given in the appendix to this chapter.Suppose, you are a chemical engineer and want to know how much heat is required to decompose calcium carbonate to lime and carbon dioxide, with all the substances in their standard state.Another way of economising on gold was the gold exchange standard which was adopted by many countries which kept their money exchangeable at fixed prices with respect to gold but held little or no gold.For instance, standards set in terms of cost to be incurred, revenue to be earned, product units to be produced and sold, time to be spent in performing a task, all represents quantitative standards.These have been very clearly spelt out as part of the definition of depreciation in the Accounting Standard 6 and are being elaborated here.A system of control presupposes the existence of certain standards.

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