In General, Non-Financial Controls Are More Useful Than Financial Controls

question 21

Short Answer

In general, non-financial controls are more useful than financial controls for: a. Monitoring employees at lower levels.
B) Evaluating workers at lower-levels.
C) Evaluating managers at higher levels.
D) Both A and
B) e. A, B, and
C)

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Definitions:

Original Investments

The initial amount of money put into a venture, project, or asset, serving as the basis for generating earnings or losses.

Net Income

A financial metric that represents the profit of a company after all expenses and taxes have been subtracted from total revenue.

Salary Allowances

Employee benefits added to base salary, such as health insurance, bonuses, or retirement contributions.

Capital Balances

The amount of money that partners or shareholders have contributed to a business or the equity they have in a business.