_____ Is the Process of Evaluating and Correcting Activities to Keep

question 46

Multiple Choice

_____ is the process of evaluating and correcting activities to keep an organization on course.

• A)Planning
• B)Benchmarking
• C)Staffing
• D)Controlling
• E)Recruiting

---

Definitions:

Uncollectible Account

An account receivable that a company deems unlikely to be collected and thus writes off as a bad debt expense.

Net Income

The total earnings of a company after subtracting all expenses from revenue, representing the profit made in a given period.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity available for running day-to-day operations.

Historical Relationship

Patterns or linkages identified through the analysis of past data, often used for forecasting future trends or dynamics.