The Concepts and Tools Used to Measure the Performance of People

question 65

Multiple Choice

The concepts and tools used to measure the performance of people and departments are known as:

• A) goal congruence.
• B) planning and control.
• C) responsibility accounting.
• D) delegation of decision making.
• E) strategic control.

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Definitions:

Bondholders

Individuals or entities that hold bonds issued by corporations or governments, entitled to receive interest payments and the return of principal.

Traded

The action of buying or selling securities, such as stocks or bonds, in financial markets.

Par Value

The face value of a stock or bond, representing the amount the security was originally sold for.

Installment Notes

Financial instruments that require the issuer to make payments to the holder over a specified period, usually including both principal and interest.