Which of the Following Describes the Flow of Information Allowing

question 12

Multiple Choice

Which of the following describes the flow of information allowing control by the 'delegator'?

• A) Financial accounting
• B) Reporting
• C) Managerial accounting
• D) Corporate finance

---

Definitions:

Cost Performance

Evaluates how effectively a project or a company manages its actual cost in comparison to its budgeted or planned cost.

Contribution Percentages

The portion of sales revenue that is not consumed by variable costs, indicating how much contributes to covering fixed costs and generating profits.

Departmental Contributions

The specific financial or operational impact of individual departments within a company toward its overall success.

Uncontrollable Expenses

Uncontrollable expenses are costs that cannot be changed or influenced in the short term by the actions of managers or individuals within the organization.