"Many of you management trainees do not have formal educations or degrees in accounting or finance. And that is OK," said the corporate trainer. "That's why this training module will cover control by ________, which is most commonly used for the entire enterprise and, in the case of a diversified corporation such as ours, its divisions."
A) profit and loss
B) assets
C) liabilities
D) financial ratios
E) expenses

Question

Quizplus · Accepted Answer

Control by profit and loss is a common method used across entire enterprises and their divisions to manage and assess financial performance, fitting the context of the statement.

"Many of You Management Trainees Do Not Have Formal Educations