Control measures should ________.
A) be set and not changed until the next budget cycle
B) be set by excluding nonfinancial information
C) be kept confidential from employees so that competitors don't have an opportunity to gain a competitive advantage
D) be linked by feedback to help future planning

Question

Quizplus · Accepted Answer

Control measures should be linked by feedback to help future planning. This means that the control measures should be continuously evaluated and updated based on the feedback received. Option A is incorrect as control measures may need to be changed due to changes in the business environment. Option B is incorrect as nonfinancial information can also impact control measures. Option C is incorrect as employees need to be aware of the control measures to effectively implement them.

Control Measures Should ________