The Final Step in the Control Process Is to Evaluate

question 78

True/False

The final step in the control process is to evaluate the results and bring about change as appropriate.

---

Definitions:

AFC

Average Fixed Cost; the fixed expenses of a company divided by the number of units produced.

AC

Typically refers to "air conditioning," a system for controlling the humidity, ventilation, and temperature in a building or vehicle.

Average Fixed Costs

The cost incurred by a company that does not change with the level of goods or services produced, averaged over a period.

Units

refers to a single, quantified piece of something that is used for measurement or as a standard for exchange.