Why Is Monitoring the Consequences of Decisions Important

question 76

Multiple Choice

Why is monitoring the consequences of decisions important?

• A) The consequences of decisions may not be apparent quickly enough without monitoring
• B) It is the logical step after implementing the decision
• C) It provides a financial barometer of how expensive decisions are
• D) Shareholders like to see monitoring of decision on annual reports
• E) Monitoring is not important and it is expensive

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Definitions:

Data

Facts and statistics collected together for reference or analysis, which can be qualitative or quantitative.

Sarbanes-Oxley Act

A U.S. federal law enacted in 2002 designed to protect investors from fraudulent financial reporting by corporations, improving the accuracy and reliability of corporate disclosures.

Corporate Disclosures

Information that a company is required to make public, revealing important financial, operational, or governance details to stakeholders.

NAFTA

The North American Free Trade Agreement, a treaty between the United States, Canada, and Mexico that eliminated most tariffs on trade between them.