The Benefits of Comparing Actual Performance of the Operations Against

question 106

Multiple Choice

The benefits of comparing actual performance of the operations against planned goals include all of the following except:

• A) providing prompt feedback to employees about their performance relative to the goal
• B) preventing unplanned expenditures
• C) helping to establish spending priorities
• D) determining how managers are performing against prior years' actual operating results

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Definitions:

Language Development

The process by which children come to understand and communicate language during early childhood.

Anchoring Heuristic

A cognitive bias that describes the common human tendency to rely too heavily on the first piece of information offered (the "anchor") when making decisions.

Adjustment Heuristic

A mental shortcut that involves basing decisions on an initial estimate and making adjustments to that figure to reach a final decision or judgment.

Judgment

involves making considered decisions or forming opinions based on the evaluation of available information and reasoning.