Which Is Not a Managerial Control That Would Be Implemented

question 5

Multiple Choice

Which is not a managerial control that would be implemented during business growth?

• A) Ratio analysis
• B) Restrict sales volumes
• C) Benchmarking
• D) Margins

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Definitions:

Automatic Extension

A granted period beyond the original due date for filing tax returns without needing to explain the reason for the delay.

FMV

Fair Market Value, the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.

Basis

The amount of investment in something for tax purposes, used to calculate gain or loss when the property is sold.

Taxable Gain

The increase in value of an asset or investment that is subject to taxes when sold or disposed of.