For Performance Reports to Achieve Their Control Objectives, They Must

question 17

Multiple Choice

For performance reports to achieve their control objectives, they must:

• A)Include relevant information so that necessary action may be taken to accomplish organizational goals
• B)Be timely so that minimal time elapses between an activity's occurrence and the feedback reflecting the activity's efficient or inefficient performance
• C)Provide subsystem managers with suggestions as to how they can operate their subsystems more efficiently
• D)all of the above
• E)a and b only

---

Definitions:

FCC Subsidies

Financial assistance programs provided by the Federal Communications Commission to promote access to telecommunications services in underserved or high-cost areas.

Entry Barriers

Factors or conditions in the marketplace that make it difficult for new competitors to enter a market or industry.

Competitors

Other businesses or individuals who offer similar goods or services, competing for the same customers or market share.

Market

A venue or environment where buyers and sellers interact to trade goods, services, or information, often setting prices through supply and demand.