Controlling by _____ is most commonly used for the entire enterprise.
A) profit and loss
B) assets
C) liabilities
D) financial ratios
E) expenses

Question

Quizplus · Accepted Answer

Profit and loss is the most commonly used method for controlling the entire enterprise because it provides a comprehensive overview of the financial performance of the organization. By analyzing the income and expenses of the enterprise, managers can make informed decisions about how to allocate resources, increase revenue, and reduce costs to improve profitability. Additionally, profit and loss statements can be used to evaluate the effectiveness of different strategies and make adjustments as needed to achieve long-term financial stability.

Controlling by _____ Is Most Commonly Used for the Entire