ACCT 302 UPDATED Exam Questions and CORRECT Answers
Objectives of Management Control1. Motivate managers to exert a high level of effort to achieve the goals set by top management 2. Provide the right incentives for managers to make decisions with the goals set by top management (align managers efforts with strategic goals) 3. Determine fair rewards to be earned by managers for their efforts and skill and the effectiveness of their decision making Employment contractbetween manager and top manager promotes goal congruence compensation is describes written, unwritten, explicit, implied
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