A Policy

question 15

Multiple Choice

A policy:

• A) is a plan or process put in place to guide actions and achieve goals.
• B) can compel behavior and enforce penalties for failure to follow.
• C) can be used to prevent fraud in an organization.
• D) all of the above.

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Definitions:

Division

A segment within an organization that focuses on specific products, services, territories, or customers, usually with its own set of management and financial goals.

Division's Margin

The profit margin measured at the divisional level, reflecting the division's ability to generate profit from its revenues.

ROI

Return on investment (ROI) measures the gain or loss generated on an investment relative to the amount of money invested.

ROI

An evaluation tool applied to determine the profitability or efficiency of a single investment or to analyze and compare the efficacy of multiple investments.