Which of the Following Features Make Stretch Targets Feasible

question 96

Multiple Choice

Which of the following features make stretch targets feasible?

• A)The targets are set in isolation by top management.
• B)The measures are linked by causal relationships.
• C)The measures are based on currently attainable standard costs.
• D)The targets are set at desired levels for twenty years to ensure long-term performance.

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Definitions:

Cash Position

A company's total cash and liquid assets minus its liabilities.

Joint Venturer

is an entity that engages in a joint venture, sharing control, resources, and risks with other ventures.

One-Line Method

A method used in accounting to consolidate a parent company's investment in a subsidiary when only a minority interest is owned.

Joint Control

A situation in corporate governance where two or more parties agree to share control over a business activity, ensuring decisions are made unanimously.