All of the Following Concepts Encourage Goal Congruence Except

question 85

Multiple Choice

All of the following concepts encourage goal congruence except

• A) detailed information reporting at all management levels
• B) authority and responsibility
• C) formalization of tasks
• D) responsibility accounting

---

Definitions:

Cash Budget

A financial plan that projects cash inflows and outflows over a specific period, helping businesses manage their liquidity.

Cash Deficiency

A situation where a business or individual has insufficient cash to cover expenses or liabilities.

Planning Process

A systematic approach to setting goals and objectives, developing strategies, and outlining tasks and schedules to accomplish the goals.

Company's Past Performance

A review of a company's previous financial results and operations, usually analyzed to forecast future performance.