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Commerce · Q584

Costing

Graduate and Post Graduate · Commerce · question 584

Q584

Degree of influence that a manager would have on revenues, cost, profit and investment is known as

A.
controllability
Answer
B.
influential power
C.
responsibility
D.
all of above

Answer: Option A

Solution

Answer: Option A
Solution:
Degree of influence that a manager would have on revenues, cost, profit and investment is known as controllability. Controllability is an important property of a control system, and the controllability property plays a crucial role in many control problems, such as stabilization of unstable systems by feedback, or optimal control.