Means of collecting and using information, to coordinate decision and planning through an organization are termed as
A. customer control system
B. business control system
C. financial control system
D. management control systems
Answer: Option D
Solution(By Examveda Team)
Means of collecting and using information, to coordinate decision and planning through an organization are termed as management control systems. Management control systems are the formal and informal structures put in place by a business that compare the goals and strategy of the organization against the actual outcomes.Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
Join The Discussion