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.

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Definitions:

Political Risk

The financial risk associated with changes in government policy, political instability, or geopolitical events that can affect the profits or assets of businesses.

Economic Impact

The effect of an event, policy, or market change on the economy, which may include changes in employment, GDP, and consumer spending.

USMCA

United States-Mexico-Canada Agreement, a trade deal that replaced NAFTA to support mutually beneficial trade among the three countries.

Tariff

A tax imposed on imported goods and services, aimed to make imported goods more expensive and thus less competitive compared to domestic goods.