To Create a Management Control System That Meets the Organization's

question 28

Multiple Choice

To create a management control system that meets the organization's needs, designers must consider all of the following except _____.

• A)existing constraints
• B)external reporting requirements
• C)internal controls
• D)costs versus benefits

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Definitions:

Typist

An individual who specializes in typing text, often using a keyboard or typewriter, to create documents, reports, or other written materials.

Wage Rate

The amount of money paid to an employee per unit of time, such as an hour or a year.

Economic Pie

A metaphorical representation of the total amount of wealth or resources available in an economy that can be divided among its participants.

Dollar Value

The worth or purchasing power of one United States dollar in terms of goods or services.