_____ Is Control That Focuses on Profitability And/or Market Share

question 54

Multiple Choice

_____ is control that focuses on profitability and/or market share.

• A) Digital control
• B) Output control
• C) Personal control
• D) Bureaucratic control

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Definitions:

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, used for managing liquidity and ensuring a company can meet its obligations.

Budgeted Cash Receipts

An estimation of the cash a company expects to receive within a certain period, based on projected sales or revenue.

Budgeted Cash Disbursements

An estimate of the total amount of cash an organization plans to pay out over a specified period, including operating expenses and purchase of assets.

Direct Labor Budget

A financial plan that estimates the cost of direct labor required to meet production goals.