Which of the Following Is a Part of the Formal

question 51

Multiple Choice

Which of the following is a part of the formal management control system?

• A) mutual commitments among the members of the organization
• B) the accounting information system provides metrics about costs, revenues, and contribution margins
• C) shared values and loyalties among the members of the organization
• D) general understanding about acceptable behavior for managers

---

Definitions:

Social Exchange Theorist

A scholar or researcher who studies how human relationships are formed and sustained based on the principles of mutual exchange of resources, benefits, and costs.

Conflict Theorists

are scholars and sociologists who analyze social life by focusing on the distribution of power and the conflicts that result from differing interests and social inequalities.

Laboratory Experiments

Controlled tests carried out in a lab setting to study behaviors, reactions, or phenomena under replicated conditions.

Clinical Research

is the study of health and illness in people, focusing on improving knowledge of diseases, developing diagnostic methods, and finding new treatments or cures.