Which of the Following Elements Is Not Part of a Management

question 81

Multiple Choice

Which of the following elements is not part of a management control system?

• A) Delegated decision authority.
• B) Performance evaluation system.
• C) Knowledge of local conditions.
• D) Compensation and reward system.

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Definitions:

Depreciates

Refers to the decrease in value of an asset over time due to wear and tear, obsolescence, or age.

Canadian Dollar

The official currency of Canada, represented by the symbol CAD or the dollar sign $, sometimes with CA$ to distinguish from other dollar-denominated currencies.

Exchange Rate Risk

The potential for investors or businesses to experience losses due to changes in the currency exchange rates affecting the value of their investments or transactions.

Canadian Dollars

The official currency of Canada, represented by the symbol CAD or sometimes CA$.