The Contingency Plan Factor That Affects the Control System Most

question 16

Multiple Choice

The contingency plan factor that affects the control system most is

• A) financial support
• B) flexibility
• C) the experience of the management
• D) technology
• E) the size of the organization

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Definitions:

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs from its total revenue, indicating the company's profit.

Earnings

Earnings typically refer to a company's profit, specifically the amount of money it makes from its operations over a certain period.

Cash Dividend

A payment made by a corporation to its shareholders, usually in the form of cash, based on the number of shares they own.

Report Income

The act of documenting and declaring earned income within a specific period for tax and accounting purposes.