To achieve maximum benefits at minimum cost, a management control system must foster:
A) managerial effort and goal congruence
B) motivation and responsibility accounting
C) goal congruence and employee motivation
D) responsibility accounting and managerial effort

Question

Quizplus · Accepted Answer

Managerial effort and goal congruence are essential for a management control system to achieve maximum benefits at minimum cost. Managerial effort refers to the actions taken by managers to achieve the goals of the organization. Goal congruence refers to the alignment of the goals of managers with the goals of the organization. When managerial effort and goal congruence are present, managers are more likely to make decisions that are in the best interests of the organization.

To Achieve Maximum Benefits at Minimum Cost, a Management Control