The formal information systems, used in organizations to focus company's learning and attention, given to the most important strategic issues are known as ____________?
Correct answer: A. interactive control system
- A. interactive control system
- B. belief systems
- C. boundary systems
- D. diagnostic control systems
Explanation
Interactive control systems use formal information systems to draw management attention to strategic uncertainties and encourage organizational learning. Diagnostic systems mainly monitor predefined performance targets, making them the usual trap.
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About Accounting Principles
Accounting principles explain the rules used to record, classify and report business transactions. Coverage includes the accounting equation, double-entry system, accrual and cash bases, matching and prudence concepts, consistency, going concern, business entity, and the difference between capital and revenue items.
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