An Effective Management Control System Reports on All of the Following

question 137

Multiple Choice

An effective management control system reports on all of the following except:

• A) effects of uncontrollable events
• B) the manager's influence on those results
• C) effects of controllable events
• D) the results of activities

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Definitions:

Dividends

Profits disbursed by a business to its equity shareholders, usually generated from the company's financial gains.

Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Standard Deviation

A statistical measure that indicates the variability or volatility of a set of data points.

Returns

The income generated from an investment, often represented as a percentage of the investment's original or ongoing value.