Question
Which of the following approaches would best help a company control overly optimistic forecasts made by managers wishing to pursue apet investmentproject? A. Don't reward
Which of the following approaches would best help a company control overly optimistic forecasts made by managers wishing to pursue a"pet" investmentproject?
A.Don't reward managers based on performance
B.Compare projections with actual results
C.Don't allow managers to control projects that they have proposed
D.Set a high hurdle rate
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
3rd edition
78025427, 978-0077736460, 007773646X, 978-0078025426
