What Is the Term for the Regulatory Process of Establishing

question 22

Multiple Choice

What is the term for the regulatory process of establishing standards that will achieve organizational goals,comparing actual performance to those standards,and then,if necessary,taking corrective action to restore performance to those standards?

• A)implementation  
• B)goal setting  
• C)control  
• D)suboptimization

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Definitions:

T-account

A simplified accounting tool used to understand the effects of transactions on individual accounts, visually structured as a 'T'.