The Managerial Function of Controlling

question 94

Multiple Choice

The managerial function of controlling

• A) is performed only by the controller of a company.
• B) is only applicable when the company sustains a loss.
• C) is concerned mainly with operating a manufacturing segment.
• D) includes performance evaluation by management.

---

Definitions:

CCA Class

Refers to the classification of assets for tax purposes in Canada, determining the rate at which an asset depreciates.

Net Advantage

The benefit that results from a certain business decision, considering all related costs and revenues.

CCA Rate

Capital Cost Allowance rate, which is the percentage used to calculate depreciation for tax purposes on capital assets.

Salvage Value

The estimated resale value of an asset at the end of its useful life, considered in depreciation calculations.