Which of the Following Statements Is Correct

question 5

Multiple Choice

Which of the following statements is correct?

• A)Agency costs can be minimized by separating decision management from decision control.
• B)Specific internal accounting procedures,such as standard costs,aid in decision management.
• C)For decision management,most managers prefer accounting numbers.
• D)Departments and companies with lower stock turns are using their capital more efficiently by limiting the number of times inventory is replaced during the period.
• E)All of the choices are correct.

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Definitions:

State Legislation

Laws and statutes that are enacted by the legislative bodies of individual states.

Advertise

Advertise is to publicly announce or promote products, services, or events through various media to attract interest or engagement from the target audience.

Auction

A public sale in which goods or properties are sold to the highest bidder through a competitive bidding process.

Withdrawn

Refers to the act of removing something from consideration, cancellation of a claim, statement, or participation.