The Final Step in the Control Process Is to ________

question 65

Multiple Choice

The final step in the control process is to ________.

• A) evaluate results and initiate corrective action
• B) measure actual performance
• C) compare actual performance to the standards
• D) measure the standards of performance

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Definitions:

Willful Misconduct

Intentional or deliberate wrongdoing, especially by an employee or official, that is performed with disregard for the consequences.

Internal Revenue Code

A comprehensive set of tax laws established by the United States federal government that governs federal tax obligations.

Client's Communication

Information exchanged between a client and a professional, often protected by confidentiality.

Accountant

A professional who performs accounting functions such as audits or financial statement analysis. Accountants can also act as advisers or consultants on matters related to accounting.