Question: The components of an effective output control system are: Question 1 options: Objective financial measures, performance standards derived from goals, and appropriate operating budgets Capital

The components of an effective output control system are: Question 1 options: Objective financial measures, performance standards derived from goals, and appropriate operating budgets Capital budget planning, evaluation of results, and corrective action taken when necessary Cost budget analysis, divisional goals, and performance standards Subjective financial measures, performance standards derived from goals, and appropriate operating budgets Feedforward, control mechanisms, capital budget planning, and operational goals

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!