Contours, Inc., uses its budget for labor hours as a ________ tool.
A) preventive
B) concurrent
C) feedforward
D) feedback

Name: Contours, Inc., uses its budget for labor hours as a ________ tool. A) preventive B) concurrent C) feedforward D) feedback
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Contours, Inc. uses its budget for labor hours as a feedback tool because it allows the company to compare actual performance against the budgeted figures to assess how well they are meeting their labor hour goals and make necessary adjustments.