Controlling is the process of: a. Selecting goals and adopting strategies for achieving them b. Delegating authority

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Controlling is the process of:

a. Selecting goals and adopting strategies for achieving them

b. Delegating authority to others to take action to implement plans

c. Organizing employees into line and staff functions

d. Ensuring that results agree with plans 3=

Which of the following is not likely to be regarded as an action that has ethical implications in today's business environment?

a. Purchasing supplies from a relative or friend rather than seeking bids

b. Using different depreciation methods for calculating depreciation expense for the financial statements and the income tax return C. Failing to recognize obsolete inventory to avoid missing a profit forecast

d. Shifting costs for one contract to another to make the profits of the contracts line up with initial forecasts

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Managerial Accounting

ISBN: 9781618532350

8th Edition

Authors: Morse Hartgraves

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