For Most Organizations,an Effective Management Control System Requires Performance Measures

question 50

Multiple Choice

For most organizations,an effective management control system requires performance measures that are ________ and ________.

• A) rolling; static
• B) flexible; static
• C) strategic; continuous
• D) financial; nonfinancial

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Definitions:

Specialized Activities

Specialized activities refer to tasks, operations, or processes that require specific expertise or focus in a particular field or area of knowledge, often contributing to more efficient and effective outcomes.

Network Design

The planning and structuring of a network, including the selection and interconnection of network components, to meet specific business or operational requirements.

Geographic Design

The arrangement or planning of elements within a spatial environment based on geographical factors.

Transport Costs

Expenses incurred in the movement of goods or services from one location to another, including costs related to freight, fuel, and logistics.