Which of the Following Is a Corrective Action That Could

question 8

Multiple Choice

Which of the following is a corrective action that could be taken based on the outcomes of performance measurement?

• A) increase in training
• B) increase in recognition
• C) addition of a new product line
• D) increase in production targets

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Definitions:

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenues, indicating the company's profitability.

Total Expenses

The sum of all costs and expenses incurred by a business during a specific period, including operating and non-operating expenses.

Total Revenues

The complete amount of income generated by a business through its activities, before any costs or expenses are deducted.

Private Accountants

Accountants employed by a single company to handle its financial records, analysis, and reporting.