Author Question: Which of the following is a characteristic of a management control system? (Read 93 times)

Redwolflake15 · **on:** Mar 6, 2021

Question 1

Line managers supervising individual refineries are concerned with ________.
◦ obtaining information about the firm's opportunity costs
◦ obtaining information about the firm's sunk costs
◦ obtaining information about the firm's equipment downtime and product quality
◦ obtaining information about customer satisfaction and market share

Question 2

Which of the following is a characteristic of a management control system?
◦ It gathers key information that aids in the process of making decisions
◦ It encourages short-term profit planning
◦ Helps managers to act rapidly and with autonomy
◦ It deals with coordinating planning across the organization and is not concerned with behavioral aspects of managing

hramirez205 · **Reply #1 on:** Mar 6, 2021

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