Standard

From ACT Wiki
Jump to navigationJump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

1. Quality - regulation - noun.

A level of attainment or quality, especially a minimum level or a mandatory level.

Including levels established, monitored and enforced by regulators and legal authorities.

Examples include the Standards developed and issued by the ISO, and International Financial Reporting Standards (IFRS).


2. Documentation - noun.

The document containing the detailed description of a formal Standard.


3. Adjective.

Normal, average or usual.

For example, a standard cost in a production or service process.


See also