An Effective Cost Control System Should Include

question 50

Multiple Choice

An effective cost control system should include:

• A)An established plan of objectives and goals to be achieved.
• B)Regular reports showing the difference between goals and actual performance.
• C)Specific assignment of duties and responsibilities.
• D)All of these are correct.

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Definitions:

Heritability

A statistic used in genetics to estimate the degree to which variation in a trait within a population is due to genetic differences among individuals.

Personal History

An individual's past experiences and events that have shaped their personality, beliefs, and behavior.

Dizygotic Twins

Also known as fraternal twins, are siblings born at the same time as a result of two separate eggs being fertilized by two different sperm, sharing about 50% of their DNA.

Fertilized Egg

A cell formed by the union of a male sperm and a female ovum, marking the beginning of embryonic development.