One related to independence (Rule 101) is authoritative; it is called the "Conceptual Framework for AICPA Independence Standards." This framework is descriptive of how PEEC approaches standards
setting with respect to independence issues, and should be useful to members in thinking about independence issues that are not specifically addressed by the code.
Participating teachers assigned a "product" score of "0" (no evidence), "1" (approaches standards
), "2" (meets standards), and "3" (exceeds standards) to their students' final products.
739), hence even if work standards are not fully met, productivity gains result as performance approaches standards
. (Nolan claims that costs may be reduced "to the tune of 20-40 percent of payroll costs.") However, efficiency gains from the elimination of slack cannot be repeated.