Question: What is a management control system? A. A management control system is when individuals and groups work toward achieving the organization's goalsthat is, managers working
What is a management control system?
A.
A management control system is when individuals and groups work toward achieving the organization's
goalsthat is, managers working in their own best interest take actions that align with the overall goals of top management.
B.
A management control system consists of either formal or informal control systems. A formal management control system includes shared values, loyalties, and mutual commitments among members of the company.
C.
A management control system consists of either formal or informal control systems. An informal control system is comprised of several systems, such as the management accounting system, which provides information regarding costs, revenues, and income.
D.
A management control system is a means of gathering and using information to aid and coordinate the planning and control decisions throughout an organization and to guide the behavior of its managers and employees. The goal of the system is to improve the collective decisions within an organization
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