The firm is concerned with implementing the financial plans,and with managing the feedback and adjustment process needed to ensure that the goals of the firm are met during which stage of the planning and control process
A) control stage
B) planning stage
C) forecasting stage
D) budgeting stage

Question

Quizplus · Accepted Answer

The control stage is where the firm implements the plans and measures the actual performance against the planned performance. The feedback and adjustment process helps ensure that the goals of the firm are met. Therefore, the firm's concern with implementing financial plans and managing the feedback and adjustment process indicate the control stage of the planning and control process.

The Firm Is Concerned with Implementing the Financial Plans,and with Managing