________ Involves Monitoring Performance and Making Necessary Changes

question 40

Multiple Choice

________ involves monitoring performance and making necessary changes.

• A)Budgeting
• B)Planning
• C)Organizing
• D)Leading
• E)Controlling

---

Definitions:

Planned Objectives

Strategic goals set by a business or organization to guide its operations and decisions.

Controllable Margin

The portion of profit or margin that can be directly influenced by managing the controllable costs in a business.

Operating Results

The financial outcomes of a company's core business activities, excluding non-operating revenues and expenses, reflecting its operational efficiency.

Required Rate of Return

The minimum annual percentage return an investor expects to earn when investing in a particular asset or project.