Feedback Control Systems Perform the Following Functions in Organizations

question 7

Multiple Choice

Feedback control systems perform the following functions in organizations:

• A)They help managers decide when and how to intervene in organizational processes by identifying areas requiring further attention
• B)They motivate managers to pursuer organizational interests
• C)Creating specific objectives ensures that managers understand the plans and strategies that guide organizational decisions
• D)All of these are true
• E)A and B are true,but not C

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Definitions:

Accretion Expense

Accretion expense relates to the gradual increase in the liability amount in an accretion bond or the process of asset value increase over time.

Operating Item

Expenses or revenues that arise from the primary operations of a company.

Asset Retirement Obligation

A legal obligation associated with the retirement of a tangible long-lived asset, where the liability is recognized in the period in which it incurs.

Indefinite-Lived Intangible

Non-physical assets without a fixed life and which do not amortize, such as trademarks or brand names, that have potential value as long as they are used by the company.