Match the following terms with the management activities described below: a. Planning. b. Control. c. Decision Making.

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Match the following terms with the management activities described below:
a. Planning.
b. Control.
c. Decision Making.
(1) This management activity involves chang¬ ing operations, revising plans, or rewarding/ punishing managers.
(2) This management activity compares actual results with planned outcomes as a basis for corrective action.
(3) This management activity formulates goals, communicates them to employees, and specifies the resources needed to achieve them.

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Managerial Accounting

ISBN: 12

3rd Edition

Authors: James Jiambalvo

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