In Order for Standards to Be Useful in the Controlling

question 150

Multiple Choice

In order for standards to be useful in the controlling process, they must have certain characteristics. One of these characteristics is that they must be

• A) nonspecific.
• B) redundant.
• C) included in the mission statement.
• D) attainable.

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Definitions:

Inventory

Items or goods held by a company for the purpose of sale or production, including raw materials, work-in-progress, and finished goods.