The Qatar Financial Markets Authority puts certain requirements on listed companies regarding what they need to disclose in their financial statements. This highlights any problems which the company needs to fix in the future. This describes what type of control?
A) Feedback control
B) Fast- forward control
C) Feedforward control
D) Concurrent control

Question

Quizplus · Accepted Answer

Feedback control involves analyzing data from past performance to make improvements or adjustments for future operations. The requirement by the Qatar Financial Markets Authority for companies to disclose specific information in their financial statements for the purpose of identifying and correcting future problems is an example of feedback control, as it uses past financial data to guide future actions.

The Qatar Financial Markets Authority Puts Certain Requirements on Listed