To Design a Management Control System That Meets an Organization's

question 105

Multiple Choice

To design a management control system that meets an organization's needs,managers must identify what motivates employees,________ and ________.

• A) develop performance measures based on these employee motivators; establish a monitoring and reporting structure for the performance measures
• B) develop performance measures to encourage managerial effort; establish a monitoring and reporting structure for productivity
• C) develop performance measures that meet organizational objectives; establish an accounting system to measure productivity
• D) develop performance measures based on goal congruence; establish an accounting system to measure goal congruence

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Definitions:

Number

A mathematical object used to count, measure, and label.

Economic Rent

The extra income earned by a resource or property due to its unique status or location, over and above its production costs.

Running Back

A position in American and Canadian football where the player is part of the offensive team and is responsible for running with the ball.

60 Percent Rule

A guideline suggesting that up to 60% of an individual's gross income should be allocated towards fixed expenses and necessities.