Controls That Focus on End Results and Provide Information That

question 10

Multiple Choice

Controls that focus on end results and provide information that can be used for future planning are called __________controls.

• A)Concurrent.
• B)Steering.
• C)Posterior.
• D)Feedback.
• E)End-result.

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Definitions:

Gross Margin

The difference between sales revenue and the cost of goods sold, expressed as a percentage of sales revenue, indicating the financial health of a company's core activities.

Transfer Price

The price at which goods and services are sold between divisions within the same company.

General Rule

A basic or principal rule that provides guidance or policy in a given area or operation.

Transfer Price

The price at which goods and services are transferred between departments or subsidiaries of the same company.