Cost Accounting A Managerial Emphasis Study Set 1
Quiz 21: Transfer Pricing and Multinational Management Control Systems
An Informal Management Control Systems Includes Specific Rules, Procedures, and Performance
An informal management control systems includes specific rules, procedures, and performance measures.
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Management control systems collect which type of data? A)financial B)non-financial C)data from outside of the company D)financial and non-financial E)financial and non-financial, including data from both within the company and outside of the company
A management control system should have all of the following characteristics, EXCEPT A)it should motivate employees. B)it should be closely aligned to organizational goals and objectives. C)it should provide information for individual managers for decision making. D)it should motivate managers. E)it should always focus on customer satisfaction.
The costs, as opposed to benefits, of decentralization include all of the following, except A)management development and learning. B)duplication of output. C)increased costs of information-gathering. D)focus of manager's attention on the subunit rather than the company as a whole. E)suboptimal decision making.
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