At the end of each fiscal year,managers note in their performance reports if they are under budget.This is an example of a(n)____control.
A) labor
B) operations
C) information
D) finance
E) revenue

Question

Quizplus · Accepted Answer

The fact that managers are noting whether they are under budget at the end of each fiscal year suggests that this is a finance control. This type of control is used to monitor financial performance and ensure that spending and revenue targets are being met. Labor controls involve monitoring employee productivity and efficiency, while operations controls aim to improve the efficiency and effectiveness of business processes. Information controls involve the management of data and information systems, while revenue controls focus on the management of income and sales. None of these options seem to fit the scenario described.

At the End of Each Fiscal Year,managers Note in Their