Frequent Feedback from Planning,controlling,evaluating,and Decision Making Activities Creates Which of the Following

question 59

Multiple Choice

Frequent feedback from planning,controlling,evaluating,and decision making activities creates which of the following types of decision-making process?

• A)Linear
• B)Circular
• C)Scattered
• D)None these ans choices are correct

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Definitions:

Withdrawals

Money or assets taken from a business by its owner(s) for personal use, typically reducing the total equity.

Cash

Liquid currency and assets readily convertible to currency, used by businesses to conduct transactions.

Owner's Equity

The residual interest in the assets of the entity after deducting liabilities, representing the owners' claim on the business assets.

Withdrawals

Funds taken out from a business by its owner(s) for personal use, which reduce the capital accounts in the company’s equity section.