What Is the Operational Control System Concerned With

question 142

Multiple Choice

What is the operational control system concerned with?

• A)investment decisions
• B)what activities should be performed and assessing how well they are performed
• C)the consumption of productive resources by individual products
• D)setting prices

Understand the importance and purpose of feedback and knowledge of results in training.

Compare and assess the advantages and disadvantages of developing internal training programs versus purchasing packaged programs.

Define active practice and explain its relevance in training programs.

Differentiate between massed and distributed practice and understand their benefits.

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Definitions:

Net Sales

The remaining revenue from sales after removing expenses related to returns, provisions for defective or unaccounted-for goods, and concessions.

Return on Total Assets

Return on total assets (ROTA) is a financial ratio that measures the profitability of a company in relation to its total assets.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenues.

Beginning Total Assets

The total value of all assets owned by a company at the start of a financial period.