Which of the Following Is NOT an Element of the Control

question 39

Multiple Choice

Which of the following is NOT an element of the control process?

• A) determining areas to be controlled
• B) establishing standards and expectations
• C) taking public opinion surveys
• D) measuring performance

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Definitions:

Operating Costs

Expenses associated with the day-to-day functioning of a business, including costs for rent, utilities, payroll, and raw materials.

Discretionary Income

The portion of a person's income remaining for investment, savings, or expenditures after deducting taxes and essential living costs such as housing and food.

Personal Income

Refers to the total earnings received by individuals, including wages, salaries, bonuses, and income from investments.

Discretionary Income

the portion of an individual's income available for spending after the essentials (like food, shelter, and clothing) have been taken care of.