Goal Congruence Exists When ________

question 130

Multiple Choice

Goal congruence exists when ________.

• A) short-run goals and long-run goals are the same
• B) employees respond to incentives created by a management control system and make decisions that help meet the goals of the organization
• C) the management control system reflects the organization's goals
• D) performance reports are used constructively

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Definitions:

Borrowed

Refers to funds or resources obtained temporarily from another party, usually with the promise of repayment plus interest.

Final Payment

The last installment paid in a series of payments, concluding the payment obligation under a financial agreement.

Interest Annually

A method where interest is calculated once every year and added to the principal sum, affecting the total amount of interest earned or paid over the life of the loan or investment.

Annual Rate

The interest rate over a year's time, often used in financial contexts to describe the yield of an investment or the cost of a loan.