The Managers of Dakota Clothing Regularly Compare Their Actual Profits

question 155

Multiple Choice

The managers of Dakota Clothing regularly compare their actual profits with the firm's projected profits. When deviations occur, the managers use the feedback to take corrective action when necessary. The management of Dakota Clothing is exercising financial:

• A) derivatives.
• B) control.
• C) planning.
• D) budgeting.

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Definitions:

Training Program

A structured course of activities designed to enhance skills, knowledge, and competency in a particular area.

Analyze Needs

The process of identifying and evaluating requirements or gaps in a system, process, or organization to enhance performance or outcomes.

Press Conference

A media event in which newsmakers invite journalists to hear them speak and, typically, ask questions.

Workplace Harassment

Inappropriate conduct or behavior in a work environment that creates an intimidating, hostile, or offensive workplace.