As a Business Grows and the Owner Must Rely More

question 49

Multiple Choice

As a business grows and the owner must rely more on others to help in managing operations, internal control becomes:

• A) more important.
• B) less important.
• C) unnecessary.
• D) growth has no effect on the importance of internal control.

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Definitions:

Conscientious

Characterized by a person's desire to do their work or fulfill their duties well and thoroughly.

Achievement Motivation

The drive to pursue and attain goals, an intrinsic desire to accomplish tasks and achieve high standards of performance.

Sales Performance

The measurement of sales activities effectiveness, often evaluated against sales targets or goals.

Company Decision Making

The process by which businesses determine strategies, set goals, and select the best actions to achieve objectives.