The system in an organization that articulates the purpose, mission and core values of a company is classified as ____________?
Correct answer: C. belief system
- A. interactive control system
- B. boundary system
- C. belief system
- D. diagnostic control system
Explanation
A belief system communicates the organization’s purpose, mission, and core values to guide employee behavior. Boundary and diagnostic systems instead restrict actions or monitor performance against targets.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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