For most organizations,an effective management control system requires performance measures that are ________ and ________.
A) rolling; static
B) flexible; static
C) strategic; continuous
D) financial; nonfinancial

Question

Quizplus · Accepted Answer

Effective management control systems require a balance of financial and nonfinancial performance measures. Financial measures such as revenue and profitability are important for measuring the organization's financial health, while nonfinancial measures such as customer satisfaction and employee morale provide insight into the organization's operational effectiveness and long-term sustainability.

For Most Organizations,an Effective Management Control System Requires Performance Measures