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Pretend You Are the President of the Managerial Accounting Club

Question 107

Multiple Choice

Pretend you are the president of the Managerial Accounting Club and you are responsible for executing the club's most important event: A recruiting event for members and local firms.How might you use the Plan-Implement-Control cycle?


A) To plan,I would prepare a preliminary list of goals and plans and then hold a kick-off meeting with the club's membership to present and revise the plan.
B) To control,I would identify two additional individuals within the club to help lead the event.
C) To control,I would create a timeline and schedule of key tasks leading up to the event and assign responsibility for each task to key members of the club.
D) To implement,I would hold regular check-in meetings to monitor progress.

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