Question: Operational control systems can be distinguished from financial control systems: Question 3 options: Because they do not include nonfinancial performance indicators. In the time horizon:

Operational control systems can be distinguished from financial control systems:
Question 3 options:
Because they do not include nonfinancial performance indicators.
In the time horizon: financial-control systems have a long-term perspective.
Because they focus on the control of basic business processes.
Because such systems rely on the use of flexible, not static, budgets.
Because they focus on explaining the master budget variance for a period.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!