Which of the following statements is not true?
A)If control is costly, and the repercussions from the error are small, the control system must be elaborate.
B)The higher one moves in the organization's hierarchy, the greater the need for a multiple set of criteria.
C)Very large organizations will typically have highly formalized and impersonal feedforward and feedback controls.
D)The type and extent of controls should be consistent with the organization's culture.

Question

Quizplus · Accepted Answer

An elaborate control system is not justified if the control is costly and the repercussions from the error are small. Instead, simpler and more cost-effective controls would be more appropriate in such situations.

Which of the Following Statements Is Not True