Informal Management Control Systems Include

question 121

Multiple Choice

Informal management control systems include

• A)incentive plans.
• B)codes of conduct.
• C)qualitative measures of performance.
• D)policies.
• E)company culture.

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Definitions:

HDC

Holder in Due Course, a term in commercial law referring to a person who has acquired a negotiable instrument in good faith and for value, and thus has certain protections.

Personal Defense

A liability defense that is not applicable to holders in due course.

Misappropriation

The unauthorized use of another's name, likeness, or property without permission, typically for one's own benefit.

Endorse

means to give public support, approval, or recommendation to something or someone, often seen in the context of celebrities endorsing products or political figures.