In General, Financial Controls Are More Useful for Evaluating Managers

question 41

True/False

In general, financial controls are more useful for evaluating managers at higher levels in an organizational hierarchy, while non financial controls are more useful in monitoring and evaluating employees at lower levels.

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Definitions:

Probability

A measure or estimation of how likely it is that an event will occur, expressed as a number between 0 and 1.

Unfavorable

Describing something that is disadvantageous, negative, or not beneficial; often related to opinions, conditions, or outcomes.

Probability

The chance of an event happening, represented numerically from 0 to 1.

Establishing Probability

The process of determining the likelihood that a given proposition or hypothesis is true.