Goal Congruence Can Be Defined as

question 81

Multiple Choice

Goal congruence can be defined as

• A)an incentive plan arranged so the managers' goals are aligned with the shareholders' goals.
• B)managers operating the business in the best interest of the shareholders.
• C)tying management rewards to shareholder results.
• D)all of these are correct.

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Definitions:

Ending Inventory

The total value of all unsold goods that a company holds at the end of an accounting period.

Expected Sales

Forecasted revenue from goods or services sold in a future period, often used for budgeting and planning.

Budgeted Income Statement

A financial statement that projects the income and expenses for a future period, helping businesses plan for profitability.

Sales Budget

An estimate of future sales, often broken down into both volume and value, forming the basis for production planning and marketing strategies.