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Controls are objective criteria that allow corporate managers to evaluate the returns earned by individual business units.
A)Strategic
B)Managerial
C)Financial
D)Environmental

Question

Quizplus · Accepted Answer

Financial controls refer to the use of financial metrics to evaluate the performance of business units. These metrics include measures such as return on investment (ROI), net present value (NPV), and internal rate of return (IRR) which provide objective criteria for managers to assess the profitability of their divisions.

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