Q413
Means of collecting and using information, to coordinate decision and planning through an organization are termed as
A.
customer control system
B.
business control system
C.
financial control system
D.
management control systems
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Means of collecting and using information, to coordinate decision and planning through an organization are termed as management control systems. Management control systems are the formal and informal structures put in place by a business that compare the goals and strategy of the organization against the actual outcomes.