"In Implementing the Control Process for Our New Operation, I

question 95

Multiple Choice

"In implementing the control process for our new operation, I first established performance standards," said Karlin. "Next, I measured performance. But I'm not sure that my measurement of performance is accurate." His boss replied, "In measuring performance, you can gather performance data from three sources: ________. Furthermore, the data need to be timely."

• A)written reports, oral reports, and personal observation
• B)client satisfaction surveys, oral reports, and personal observation
• C)written reports, the grapevine, and personal observation
• D)competitors' performance data, oral reports, and personal observation
• E)written reports, oral reports, and analysts' statements

---

Definitions:

Use of Cash

Describes the various ways a company or an individual applies their available cash, including operations, investments, and financing activities.

Price/Earnings Ratio

A valuation metric that compares a company's current share price to its per-share earnings, often used to gauge if a stock is over or undervalued.

High P/E Ratio

Indicates that a company's stock price is high relative to its earnings per share, suggesting that investors may expect higher earnings growth in the future.

Earnings Per Share

A company’s net income divided by the number of its outstanding shares, indicating the portion of a company’s profit allocated to each outstanding share of common stock.