The use of variables to signal whether the strategies are effective or ineffective is classified as _________?
Correct answer: A. evaluating strategy
- A. evaluating strategy
- B. performing strategy
- C. warned strategy
- D. weighted strategy
Explanation
Evaluating strategy uses selected variables or indicators to determine whether strategic actions are producing the intended results. The other choices are not standard classifications of this process.
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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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