Control measures should ________.
A) be set and not changed until the next budget cycle so as to provide an effective benchmark
B) be set by excluding nonfinancial information
C) be kept confidential from employees so that competitors don't have an opportunity to gain a competitive advantage
D) be linked by feedback to help learning and future planning

Question

Quizplus · Accepted Answer

Control measures should be linked by feedback to help learning and future planning. This way, the organization can learn what works and what doesn't, and adjust its strategies accordingly. A is incorrect because control measures should be subject to revision as needed. B is incorrect because nonfinancial information can be just as important as financial information in determining control measures. C is incorrect because employees should be involved in the control process so that they can help achieve organizational goals.

Control Measures Should ________