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Traditional financial control systems have recently been criticized because: (pick one) They use flexible, not static, budgets. They generally lead to goal-congruent behavior on the

Traditional financial control systems have recently been criticized because:

(pick one)

  • They use flexible, not static, budgets.

  • They generally lead to goal-congruent behavior on the part of managers.

  • They focus more in improving basic business processes than short-term financial results.

  • They fail to incorporate nonfinancial performance indicators into the evaluation process.

  • They provide performance data on a real-time basis.

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