What Is the System by Which Businesses Are Controlled and Directed

question 20

Multiple Choice

What is the system by which businesses are controlled and directed?

• A)auditing.
• B)general management.
• C)corporate governance.
• D)business directing.

---

Definitions:

Useful Managerial Reports

Reports generated within a company to help managers make decisions regarding the company's operations.

Factory Overhead Cost

Indirect costs related to manufacturing that cannot be directly tied to a specific product, including maintenance, utilities, and salaries of supervisory personnel.

Direct Materials Cost

The cost of raw materials directly traceable to the production of a specific product.

Manufacturing Process

The sequence of operations or methods used to create a finished good from raw materials in a systematic and controlled manner.