The Components of an Effective Output Control System Are

question 73

Multiple Choice

The components of an effective output control system are:

• A)Capital budget planning, evaluation of results, and corrective action taken when necessary
• B)Objective financial measures, performance standards derived from goals, and appropriate operating budgets
• C)Subjective financial measures, performance standards derived from goals, and appropriate operating budgets
• D)Cost budget analysis, divisional goals, and performance standards
• E)None of these choices are correct

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Definitions:

Conflict

An active disagreement or struggle between individuals or groups, which can occur at interpersonal, communal, or international levels, often driven by differing interests or beliefs.

Lying

Lying is the act of deliberately making a false statement with the intention of deceiving others.

Ten-Year-Old

A child who is ten years of age, in a developmental stage that involves complex cognitive, emotional, and physical changes.

Best Friend

A person's closest and most intimate companion, with whom one shares a bond of mutual affection exceeding that of ordinary friendships.