Traditional Financial Control Systems Have Recently Been Criticized Because

question 79

Multiple Choice

Traditional financial control systems have recently been criticized because:

• A)They use flexible,not static,budgets.
• B)They generally lead to goal-congruent behavior on the part of managers.
• C)They focus more in improving basic business processes than short-term financial results.
• D)They fail to incorporate nonfinancial performance indicators into the evaluation process.
• E)They use static,not flexible,budgets.

---

Definitions:

Modular Approach

A strategy that divides a system into smaller parts that can be independently created, modified, replaced, or exchanged.

Hostile Reader

An audience member or reader who disagrees with the writer's argument or perspective, often critically examining the work for flaws.

Document

A written, printed, or electronic record that provides information or evidence.

Recommendation

A suggestion or advice aimed at guiding decisions or actions.