The Goal of a Management Control System Is to Improve

question 10

True/False

The goal of a management control system is to improve the collective decisions in an organisation in an economically feasible way.

---

Definitions:

Reissued

The process of issuing again or renewing, often used in the context of stocks, checks, or documents that are put back into circulation.

Cash Dividend

A disbursement from a corporation to its shareholders, typically issued in cash, derived from its profits.

Payable

Short-term financial obligations or debts of a company, typically to suppliers, that are due to be paid within one year.

Cash Dividend

A payment made by a company out of its profits to shareholders, usually in the form of cash.