Control activities:
A) are the efforts to develop strategic plans for an organization.
B) are needed more by domestic companies than international companies.
C) should be linked to evaluation and reward systems.
D) are managed independently of taxation and accounting methods.

Question

Quizplus · Accepted Answer

Every successful company uses controls to put its plans into effect, evaluate the plans' effectiveness, make desirable corrections, and evaluate and reward or correct executive performance. The challenges associated with achieving effective control are more complicated for an IC than for a one-country operation. Different languages, cultures, and attitudes; different taxation and accounting methods; different currencies, labor costs, and market sizes; different degrees of political stability and security for people and property; and many other factors contribute to these challenges. Yet ICs need controls even more than do domestic operations.

Control Activities