Asked by Mariano Davila III on Jul 02, 2024
Verified
Control is the process of setting goals and determining ways to achieve them.
Goal Setting
Goal setting involves defining specific, measurable objectives that a person or organization aims to achieve within a time frame.
- Understand how management accounting plays a role in setting and achieving organizational goals.
Verified Answer
SO
Shannay Owens6 days ago
Final Answer :
False
Explanation :
Control is the process of monitoring activities to ensure they are being accomplished as planned and correcting any significant deviations. Setting goals and determining ways to achieve them is part of planning, not control.
Learning Objectives
- Understand how management accounting plays a role in setting and achieving organizational goals.
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