Which BEST Describes the Control Function in a Management Accounting

question 31

Multiple Choice

Which BEST describes the control function in a management accounting and control system?

• A)MACS seeks out areas that are out-of-control but not for corrective action.
• B)MACS achieves cost reduction targets that are continually adjusted downward.
• C)MACS guides and motivates employees to achieve organizational objectives.
• D)MACS ensures performance standard goals are being met.

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Definitions:

Culture

The shared values, traditions, norms, customs, arts, history, folklore, and institutions of a group of people that are passed from one generation to another.

Slavery

A system in which individuals are owned by others, deprived of personal freedom, and compelled to perform labor or services.

Land

The surface of the earth not covered by water, considered as property and a natural resource used for agriculture, building, and habitation.

Reconstruction

The period after the Civil War (1865-1877) in the United States when the southern states were reorganized and reintegrated into the Union.